American Shared Hospital Services (NYSEAMERICAN:AMS) Sees Large Increase in Short Interest

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Rating) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 9,300 shares, a growth of 86.0% from the March 15th total of 5,000 shares. Based on an average daily volume of 14,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

Shares of NYSEAMERICAN:AMS traded down $0.05 during midday trading on Friday, hitting $2.33. The stock had a trading volume of 1,889 shares, compared to its average volume of 14,036. American Shared Hospital Services has a fifty-two week low of $2.08 and a fifty-two week high of $5.04.

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Rating) last released its quarterly earnings data on Thursday, March 24th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $4.69 million for the quarter.

A hedge fund recently bought a new stake in American Shared Hospital Services stock. Two Sigma Advisers LP bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS – Get Rating) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 29,400 shares of the company’s stock, valued at approximately $81,000. Two Sigma Advisers LP owned about 0.50% of American Shared Hospital Services at the end of the most recent reporting period.

American Shared Hospital Services Company Profile (Get Rating)

American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. 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.

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