American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Update

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 5,800 shares, an increase of 26.1% from the May 31st total of 4,600 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of American Shared Hospital Services in a research note on Sunday. They set a “hold” rating on the stock.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. Empowered Funds LLC acquired a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned 0.17% of American Shared Hospital Services at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Trading Up 0.3 %

Shares of AMS opened at $3.21 on Tuesday. The firm has a market capitalization of $20.29 million, a price-to-earnings ratio of 40.07 and a beta of 0.70. American Shared Hospital Services has a 52 week low of $2.16 and a 52 week high of $3.69. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.98 and a current ratio of 1.98.

American Shared Hospital Services (NYSEAMERICAN:AMS) last posted its quarterly earnings results on Tuesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $5.22 million during the quarter, compared to the consensus estimate of $5.01 million. American Shared Hospital Services had a net margin of 2.50% and a return on equity of 4.29%. Research analysts anticipate that American Shared Hospital Services will post 0.29 earnings per share for the current fiscal year.

American Shared Hospital Services Company Profile

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.