American Realty Investors, Inc. (NYSE:ARL) Short Interest Up 221.6% in June

American Realty Investors, Inc. (NYSE:ARL) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 76,317 shares, a growth of 221.6% from the June 15th total of 23,733 shares. Currently, 5.1% of the company’s stock are short sold. Based on an average daily trading volume, of 28,788 shares, the days-to-cover ratio is presently 2.7 days.

American Realty Investors Price Performance

Shares of ARL opened at $18.32 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 7.10 and a current ratio of 7.10. American Realty Investors has a fifty-two week low of $12.42 and a fifty-two week high of $24.44. The firm has a 50-day simple moving average of $16.32 and a 200-day simple moving average of $16.18. The company has a market capitalization of $295.79 million, a price-to-earnings ratio of 24.10 and a beta of 0.63.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $12.34 million during the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded American Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 26th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Realty Investors has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in American Realty Investors stock. Rhumbline Advisers increased its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 44.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,825 shares of the financial services provider’s stock after purchasing an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent SEC filing.

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. It also offers tenant services, including parking and storage space rental; and sells land and properties.