American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Up 46.2% in December

American Shared Hospital Services (NYSEAMERICAN:AMS) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 49,700 shares, a growth of 46.2% from the November 30th total of 34,000 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average trading volume of 19,800 shares, the short-interest ratio is presently 2.5 days.

American Shared Hospital Services Trading Down 0.9 %

AMS stock traded down $0.03 during trading on Monday, hitting $3.16. 6,469 shares of the stock traded hands, compared to its average volume of 42,066. The company has a market capitalization of $20.29 million, a P/E ratio of 5.27 and a beta of 0.66. American Shared Hospital Services has a one year low of $2.37 and a one year high of $4.60. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.34.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP boosted its position in American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 179,637 shares of the company’s stock after acquiring an additional 8,436 shares during the period. Dimensional Fund Advisors LP owned 2.84% of American Shared Hospital Services worth $574,000 at the end of the most recent quarter. 23.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of American Shared Hospital Services in a research report on Friday. They set a “hold” rating on the stock.

American Shared Hospital Services Company Profile

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.