American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Update

American Shared Hospital Services (NYSEAMERICAN:AMS) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 109,340 shares, a drop of 38.5% from the May 31st total of 177,845 shares. Based on an average daily trading volume, of 179,590 shares, the short-interest ratio is currently 0.6 days. Approximately 2.2% of the shares of the company are sold short.

Insider Buying and Selling at American Shared Hospital Services

In other news, Chairman Raymond C. Stachowiak purchased 586,468 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were acquired at an average cost of $2.28 per share, for a total transaction of $1,337,147.04. Following the completion of the purchase, the chairman directly owned 586,468 shares in the company, valued at $1,337,147.04. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 25.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC acquired a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned 0.77% of American Shared Hospital Services at the end of the most recent reporting period. 23.16% of the stock is currently owned by institutional investors.

American Shared Hospital Services Stock Down 1.3%

NYSEAMERICAN AMS traded down $0.02 during mid-day trading on Thursday, hitting $1.49. The stock had a trading volume of 48,399 shares, compared to its average volume of 136,151. American Shared Hospital Services has a 52-week low of $1.25 and a 52-week high of $3.11. The company has a market cap of $9.86 million, a price-to-earnings ratio of -6.77 and a beta of 0.30. The company has a 50 day simple moving average of $1.49 and a 200 day simple moving average of $1.81.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.The business had revenue of $7.08 million during the quarter, compared to analysts’ expectations of $6.87 million. As a group, equities analysts anticipate that American Shared Hospital Services will post -0.05 earnings per share for the current fiscal year.

About American Shared Hospital Services

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.