Short Interest in American Shared Hospital Services (NYSEAMERICAN:AMS) Grows By 46.2%

American Shared Hospital Services (NYSEAMERICAN:AMS) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 49,700 shares, a growth of 46.2% from the November 30th total of 34,000 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily volume of 19,800 shares, the short-interest ratio is currently 2.5 days.

Institutional Trading of American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Dimensional Fund Advisors LP grew its position in American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,637 shares of the company’s stock after buying an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned 2.84% of American Shared Hospital Services worth $574,000 at the end of the most recent quarter. 23.16% of the stock is owned by institutional investors and hedge funds.

American Shared Hospital Services Stock Down 0.9 %

American Shared Hospital Services stock traded down $0.03 during trading hours on Monday, reaching $3.16. 5,993 shares of the stock were exchanged, compared to its average volume of 42,060. American Shared Hospital Services has a 52-week low of $2.37 and a 52-week high of $4.60. The company has a market cap of $20.29 million, a P/E ratio of 5.27 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on American Shared Hospital Services in a report on Friday. They issued a “hold” rating for the company.

American Shared Hospital Services Company Profile

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.