Gyrodyne, LLC (NASDAQ:GYRO) Sees Significant Increase in Short Interest

Gyrodyne, LLC (NASDAQ:GYRO) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 700 shares, a growth of 250.0% from the March 15th total of 200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 700 shares, the short-interest ratio is presently 1.0 days.

Gyrodyne Price Performance

NASDAQ:GYRO opened at $7.93 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. Gyrodyne has a fifty-two week low of $6.80 and a fifty-two week high of $11.96. The stock has a fifty day moving average price of $8.46 and a 200-day moving average price of $9.08.

About Gyrodyne

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.