American Realty Investors, Inc. (NYSE:ARL - Get Free Report) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 18,100 shares, a decrease of 6.2% from the November 15th total of 19,300 shares. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.2% of the company's stock are sold short.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on American Realty Investors in a research note on Saturday. They issued a "hold" rating on the stock.
Read Our Latest Report on ARL
Hedge Funds Weigh In On American Realty Investors
An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC boosted its holdings in American Realty Investors, Inc. (NYSE:ARL - Free Report) by 257.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,967 shares of the financial services provider's stock after buying an additional 1,416 shares during the period. Barclays PLC's holdings in American Realty Investors were worth $34,000 as of its most recent SEC filing.
American Realty Investors Stock Performance
Shares of American Realty Investors stock traded down $1.16 on Monday, reaching $15.84. The stock had a trading volume of 5,410 shares, compared to its average volume of 7,699. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The business's 50-day moving average price is $15.36 and its two-hundred day moving average price is $15.89. The stock has a market cap of $255.82 million, a P/E ratio of -15.38 and a beta of 0.66. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $25.96.
American Realty Investors (NYSE:ARL - Get Free Report) last released its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The firm had revenue of $11.61 million for the quarter.
About American Realty Investors
(
Get Free Report)
American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.
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