Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,017 shares, an increase of 128.5% from the September 15th total of 445 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,860 shares, the short-interest ratio is currently 0.5 days.
Gyrodyne Stock Performance
NASDAQ:GYRO opened at $4.78 on Tuesday. Gyrodyne has a 12-month low of $4.09 and a 12-month high of $10.16. The business has a 50 day simple moving average of $5.07 and a 200 day simple moving average of $6.19.
About Gyrodyne
Gyrodyne Company of America, Inc is a real estate company focused primarily on owning, leasing and managing healthcare-related and medical office properties. Its portfolio has historically included medical and professional office space serving healthcare providers and related businesses.
The company’s real estate activities have been concentrated in the northeastern United States, particularly in New York, with properties in Suffolk and Westchester counties. Gyrodyne has also historically held healthcare-related real estate in Florida.
Gyrodyne was founded in 1946 and has operated as a publicly traded real estate company.
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