Short Interest in American Realty Investors, Inc. (NYSE:ARL) Decreases By 19.9%

American Realty Investors, Inc. (NYSE:ARL - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 19,300 shares, a decrease of 19.9% from the March 15th total of 24,100 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 2.9 days. Approximately 1.3% of the shares of the company are sold short.

American Realty Investors Price Performance

Shares of NYSE:ARL traded down $0.66 during trading on Friday, hitting $11.72. 1,389 shares of the company's stock were exchanged, compared to its average volume of 8,164. The business's 50-day simple moving average is $12.72 and its 200 day simple moving average is $14.23. The company has a market cap of $189.22 million, a price-to-earnings ratio of -11.37 and a beta of 0.48. American Realty Investors has a 52-week low of $9.43 and a 52-week high of $22.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL - Get Free Report) last released its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. The company had revenue of $12.04 million during the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of American Realty Investors in a research note on Monday. They set a "hold" rating on the stock.

Institutional Trading of American Realty Investors

A number of large investors have recently added to or reduced their stakes in ARL. PFG Investments LLC bought a new stake in American Realty Investors in the fourth quarter worth $396,000. Wealth Alliance Advisory Group LLC lifted its position in American Realty Investors by 10.0% during the first quarter. Wealth Alliance Advisory Group LLC now owns 165,000 shares of the financial services provider's stock valued at $1,807,000 after purchasing an additional 15,000 shares during the last quarter. Northern Trust Corp grew its stake in shares of American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after buying an additional 4,180 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of American Realty Investors by 100.3% in the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider's stock worth $82,000 after buying an additional 2,805 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of American Realty Investors by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock valued at $508,000 after buying an additional 2,028 shares in the last quarter.

About American Realty Investors

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.