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

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 5,400 shares, an increase of 12.5% from the April 15th total of 4,800 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 0.5 days.

American Shared Hospital Services Stock Performance

Shares of NYSEAMERICAN:AMS traded down $0.10 during trading on Wednesday, reaching $3.42. 44,309 shares of the company traded hands, compared to its average volume of 12,732. The company has a market cap of $21.65 million, a price-to-earnings ratio of 38.00 and a beta of 0.66. 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 0.42, a quick ratio of 1.90 and a current ratio of 1.90.

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) 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). American Shared Hospital Services had a return on equity of 4.58% and a net margin of 2.86%. The firm had revenue of $5.22 million for the quarter, compared to analyst estimates of $5.01 million. As a group, equities analysts anticipate that American Shared Hospital Services will post 0.32 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of American Shared Hospital Services in a report on Monday. They issued a “hold” rating on the stock.

Read Our Latest Stock Report on AMS

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Shared Hospital Services stock. Empowered Funds LLC acquired a new stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMSFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned about 0.17% of American Shared Hospital Services at the end of the most recent reporting period. Institutional investors and hedge funds own 23.16% of the company’s stock.

About American Shared Hospital Services

(Get Free Report)

American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. 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.

See Also

Receive News & Ratings for American Shared Hospital Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Shared Hospital Services and related companies with MarketBeat.com's FREE daily email newsletter.