Short Interest in American Shared Hospital Services (NYSEAMERICAN:AMS) Decreases By 38.5%

American Shared Hospital Services (NYSEAMERICAN:AMS) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 109,340 shares, a decrease of 38.5% from the May 31st total of 177,845 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average trading volume of 179,590 shares, the short-interest ratio is currently 0.6 days.

American Shared Hospital Services Stock Performance

Shares of NYSEAMERICAN:AMS remained flat at $1.49 during midday trading on Friday. The company had a trading volume of 49,096 shares, compared to its average volume of 289,143. American Shared Hospital Services has a 12-month low of $1.25 and a 12-month high of $3.11. The stock has a market capitalization of $9.86 million, a PE ratio of -6.77 and a beta of 0.30. The firm’s fifty day moving average is $1.49 and its 200-day moving average is $1.81.

American Shared Hospital Services (NYSEAMERICAN:AMS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.The company had revenue of $7.08 million for the quarter, compared to analysts’ expectations of $6.87 million. As a group, equities research analysts expect that American Shared Hospital Services will post -0.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Chairman Raymond C. Stachowiak bought 586,468 shares of the stock in a transaction dated Monday, June 22nd. The shares were acquired at an average cost of $2.28 per share, for a total transaction of $1,337,147.04. Following the acquisition, the chairman directly owned 586,468 shares in the company, valued at approximately $1,337,147.04. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 25.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC bought a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned 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.

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.