American Realty Investors, Inc. (NYSE:ARL) Sees Large Decrease in Short Interest

American Realty Investors, Inc. (NYSE:ARL) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 38,376 shares, a decrease of 49.7% from the June 30th total of 76,317 shares. Approximately 2.6% of the company’s shares are short sold. Based on an average daily volume of 18,826 shares, the short-interest ratio is presently 2.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. Rhumbline Advisers increased its position in American Realty Investors, Inc. (NYSE:ARL) by 44.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,825 shares of the financial services provider’s stock after purchasing an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent filing with the Securities & Exchange Commission.

American Realty Investors Trading Up 4.3%

NYSE ARL traded up $0.65 during trading on Tuesday, hitting $15.64. The company had a trading volume of 2,615 shares, compared to its average volume of 19,817. The company’s fifty day moving average is $16.73 and its 200-day moving average is $16.17. American Realty Investors has a one year low of $12.42 and a one year high of $24.44. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.26. The company has a market cap of $252.67 million, a price-to-earnings ratio of 20.59 and a beta of 0.63.

American Realty Investors (NYSE:ARL) last announced its earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share for the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%. The company had revenue of $12.34 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, American Realty Investors currently has a consensus rating of “Sell”.

About American Realty Investors

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies. It also offers tenant services, including parking and storage space rental; and sells land and properties.