American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Up 5,482.1% in April

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 107,791 shares, an increase of 5,482.1% from the April 15th total of 1,931 shares. Approximately 2.1% of the shares of the company are sold short. Based on an average trading volume of 297,770 shares, the short-interest ratio is presently 0.4 days.

American Shared Hospital Services Trading Down 6.9%

Shares of American Shared Hospital Services stock traded down $0.14 during trading on Monday, reaching $1.89. The company’s stock had a trading volume of 410,649 shares, compared to its average volume of 108,047. The company has a 50-day moving average price of $1.72 and a two-hundred day moving average price of $1.99. American Shared Hospital Services has a fifty-two week low of $1.25 and a fifty-two week high of $3.11. The firm has a market cap of $12.53 million, a PE ratio of -8.22 and a beta of 0.33.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.11). The business had revenue of $7.73 million for the quarter, compared to analyst estimates of $8.78 million. American Shared Hospital Services had a negative return on equity of 5.43% and a negative net margin of 5.53%. On average, analysts predict that American Shared Hospital Services will post 0.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC acquired a new stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned about 0.77% of American Shared Hospital Services as of its most recent SEC filing. 23.16% of the stock is currently owned by institutional investors and hedge funds.

About American Shared Hospital Services

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.