American Strategic Investment Co. (NYSE:NYC) Short Interest Down 36.6% in August

American Strategic Investment Co. (NYSE:NYC) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,600 shares, a decline of 36.6% from the August 15th total of 4,100 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 0.7 days.

American Strategic Investment Price Performance

Shares of American Strategic Investment stock traded down $0.12 during midday trading on Monday, reaching $9.38. The company had a trading volume of 10,050 shares, compared to its average volume of 5,361. The firm has a market cap of $24.19 million, a PE ratio of -0.21 and a beta of 0.13. The stock has a fifty day moving average price of $8.94 and a 200 day moving average price of $8.14. American Strategic Investment has a fifty-two week low of $5.46 and a fifty-two week high of $10.91.

Insider Transactions at American Strategic Investment

In other American Strategic Investment news, major shareholder Nicholas S. Schorsch acquired 125,000 shares of American Strategic Investment stock in a transaction that occurred on Tuesday, July 16th. The shares were bought at an average price of $11.00 per share, with a total value of $1,375,000.00. Following the completion of the purchase, the insider now directly owns 910,195 shares in the company, valued at approximately $10,012,145. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have acquired 128,364 shares of company stock worth $1,404,642. Company insiders own 1.38% of the company’s stock.

About American Strategic Investment

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.