American Realty Investors, Inc. (NYSE:ARL) Sees Large Decline in Short Interest

American Realty Investors, Inc. (NYSE:ARLGet Rating) was the recipient of a large decline in short interest in the month of December. As of December 30th, there was short interest totalling 12,600 shares, a decline of 5.3% from the December 15th total of 13,300 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is presently 2.4 days.

American Realty Investors Stock Up 7.5 %

Shares of NYSE ARL opened at $21.37 on Monday. The firm has a market cap of $345.17 million, a price-to-earnings ratio of 1.07 and a beta of 0.51. The company has a quick ratio of 4.78, a current ratio of 4.78 and a debt-to-equity ratio of 0.38. American Realty Investors has a 52-week low of $12.90 and a 52-week high of $27.75. The business’s 50 day moving average is $22.24 and its two-hundred day moving average is $17.88.

American Realty Investors (NYSE:ARLGet Rating) last announced its earnings results on Thursday, November 10th. The financial services provider reported $18.72 earnings per share (EPS) for the quarter. The company had revenue of $8.32 million for the quarter. American Realty Investors had a return on equity of 71.84% and a net margin of 983.63%.

Institutional Trading of American Realty Investors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARL. Renaissance Technologies LLC grew its stake in shares of American Realty Investors by 17.1% in the second quarter. Renaissance Technologies LLC now owns 25,399 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 3,700 shares in the last quarter. Northern Trust Corp acquired a new position in shares of American Realty Investors in the second quarter worth $216,000. Finally, State Street Corp acquired a new position in shares of American Realty Investors in the second quarter worth $245,000. Hedge funds and other institutional investors own 1.05% of the company’s stock.

Wall Street Analysts Forecast Growth

ARL has been the topic of several analyst reports. StockNews.com initiated coverage on shares of American Realty Investors in a research report on Monday, January 16th. They set a “sell” rating on the stock. TheStreet raised shares of American Realty Investors from a “c” rating to a “b-” rating in a research report on Wednesday, November 30th.

About American Realty Investors

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American Realty Investors, Inc engages in the acquisition, financing, operation, and sale of real estate and real estate assets. Its projects include office buildings, golf course, and residential apartments. The company was founded in November 1999 and is headquartered in Dallas, TX.

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