Gyrodyne, LLC (NASDAQ:GYRO) Short Interest Down 50.0% in January

Gyrodyne, LLC (NASDAQ:GYRO) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 200 shares, a decrease of 50.0% from the January 15th total of 400 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gyrodyne stock. Round Hill Asset Management boosted its position in Gyrodyne, LLC (NASDAQ:GYRO) by 17.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,715 shares of the real estate investment trust’s stock after acquiring an additional 2,924 shares during the period. Round Hill Asset Management owned 0.90% of Gyrodyne worth $153,000 as of its most recent SEC filing. Institutional investors and hedge funds own 71.36% of the company’s stock.

Gyrodyne Trading Up 1.3 %

Shares of NASDAQ:GYRO opened at $9.12 on Friday. The business’s 50 day simple moving average is $9.24 and its two-hundred day simple moving average is $8.95. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. Gyrodyne has a 52-week low of $7.65 and a 52-week high of $11.96.

Gyrodyne Company Profile

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.