Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,017 shares, an increase of 128.5% from the September 15th total of 445 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,860 shares, the short-interest ratio is presently 0.5 days.
Gyrodyne Trading Down 1.6%
Shares of GYRO stock traded down $0.07 on Thursday, reaching $4.63. The company’s stock had a trading volume of 1,323 shares, compared to its average volume of 2,189. The stock’s fifty day simple moving average is $5.04 and its 200-day simple moving average is $6.15. Gyrodyne has a 1 year low of $4.09 and a 1 year high of $10.16.
About Gyrodyne
Gyrodyne Company of America, Inc is a real estate company focused primarily on owning, leasing and managing healthcare-related and medical office properties. Its portfolio has historically included medical and professional office space serving healthcare providers and related businesses.
The company’s real estate activities have been concentrated in the northeastern United States, particularly in New York, with properties in Suffolk and Westchester counties. Gyrodyne has also historically held healthcare-related real estate in Florida.
Gyrodyne was founded in 1946 and has operated as a publicly traded real estate company.
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