American Shared Hospital Services (NYSEAMERICAN:AMS) Sees Significant Increase in Short Interest

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 34,000 shares, a growth of 126.7% from the November 15th total of 15,000 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 22,500 shares, the short-interest ratio is currently 1.5 days.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on American Shared Hospital Services in a research report on Monday, December 9th. They set a “hold” rating on the stock.

Institutional Trading of American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Dimensional Fund Advisors LP grew its position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 179,637 shares of the company’s stock after buying an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned 2.84% of American Shared Hospital Services worth $574,000 as of its most recent filing with the SEC. Institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Stock Down 3.9 %

Shares of American Shared Hospital Services stock opened at $3.45 on Friday. The firm has a market capitalization of $22.15 million, a PE ratio of 5.75 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46. American Shared Hospital Services has a 12 month low of $2.33 and a 12 month high of $4.60.

About American Shared Hospital Services

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.