Altisource Asset Management Co. (NYSEAMERICAN:AAMC – Get Rating) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 4,300 shares, a decrease of 30.6% from the March 15th total of 6,200 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 0.8 days.
AAMC traded down $0.88 on Friday, hitting $10.20. 15,303 shares of the company were exchanged, compared to its average volume of 18,272. The stock’s fifty day moving average price is $16.04. Altisource Asset Management has a 12 month low of $9.89 and a 12 month high of $18.70. The company has a market capitalization of $20.97 million, a PE ratio of 0.16 and a beta of 1.08.
Separately, StockNews.com assumed coverage on Altisource Asset Management in a research report on Saturday. They set a “hold” rating on the stock.
Altisource Asset Management Company Profile (Get Rating)
Altisource Asset Management Corporation, an asset management company, provides portfolio management and corporate governance services to institutional investors in the United States. The company offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families.
- Get a free copy of the StockNews.com research report on Altisource Asset Management (AAMC)
- Institutions And Analysts Drive UnitedHealth Group Higher
- MarketBeat: Week in Review 4/11 – 4/15
- Three Beaten Down Mega Caps The Analysts Are Upgrading
- Top 3 Safe Stocks for Conservative Investors
- Array Technologies Stock Giving Another Ground Floor Entry
Receive News & Ratings for Altisource Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altisource Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.