Short Interest in American Realty Investors, Inc. (NYSE:ARL) Declines By 19.9%

American Realty Investors, Inc. (NYSE:ARL - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 19,300 shares, a decrease of 19.9% from the March 15th total of 24,100 shares. Approximately 1.3% of the company's shares are sold short. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is presently 2.9 days.

American Realty Investors Trading Up 0.3 %

Shares of NYSE ARL traded up $0.04 during trading on Wednesday, reaching $12.49. The stock had a trading volume of 709 shares, compared to its average volume of 8,228. 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 company has a market cap of $201.74 million, a P/E ratio of -12.13 and a beta of 0.48. American Realty Investors has a fifty-two week low of $9.43 and a fifty-two week high of $22.77. The business's 50-day moving average price is $12.78 and its 200-day moving average price is $14.29.

American Realty Investors (NYSE:ARL - Get Free Report) last released its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The firm had revenue of $12.04 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Institutional Investors Weigh In On American Realty Investors

Several large investors have recently added to or reduced their stakes in the business. Barclays PLC boosted its position in American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider's stock valued at $34,000 after buying an additional 1,416 shares during the period. JPMorgan Chase & Co. boosted its holdings in American Realty Investors by 112.0% in the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 1,478 shares during the period. Northern Trust Corp grew its stake in American Realty Investors by 20.4% during the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after purchasing an additional 4,180 shares in the last quarter. PFG Investments LLC purchased a new stake in American Realty Investors during the 4th quarter worth about $396,000. Finally, Geode Capital Management LLC increased its holdings in American Realty Investors by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock worth $508,000 after purchasing an additional 2,028 shares during the period.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of American Realty Investors in a report on Monday. They issued a "hold" rating for the company.

About American Realty Investors

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.