The stock last traded at $9.49 barely above the 50 day moving average which is $8.84 and which is well above the 200 day moving average of $8.46. The 50 day moving average went up by +7.37% whereas the 200 day average was up by +12.22%. Trading volume for American Realty Investors, Inc. was 1,276 by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 22.34% over the normal average daily volume.
Investors are more bullish on American Realty Investors, Inc. of late as evidenced by the motion in short interest. The company recorded a fall in short interest of -2.71% as of October 13, 2017 from the last reporting period. Short shares decreased from 8,914 to 8,672 over that timeframe. The short-interest ratio increased to 20.0 and the percentage of shorted shares was 0.00% on October 13.
A few notable investment firms have updated their holdings. Bank Of America Corp /de/ divested its investment by shedding 173 shares a decrease of 54.6%. Bank Of America Corp /de/ controls 144 shares worth $1,000. The total value of its holdings decreased 66.7%. As of quarter end Renaissance Technologies LLC had acquired 600 shares growing its stake by 2.4%. The value of the investment in American Realty Investors, Inc. increased from $198,000 to $215,000 a change of 8.6% quarter over quarter.
As of the end of the quarter Blackrock Inc. had sold a total of 37,520 shares trimming its holdings by 99.0%. The value in dollars went from $305,000 to $3,000 decreasing 99.0% for the reporting period. Ubs Group Ag grew its ownership by buying 198 shares an increase of 23.7% in the quarter. Ubs Group Ag owns 1,035 shares with a value of $9,000. The value of the position overall is up by 28.6%.
American Realty Investors, Inc., launched on November 1, 1999, is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Business’s segments are commercial properties, apartments, land and other. The Business’s business is the acquisition, development and ownership of income-producing residential and commercial real estate properties. In addition, the Company acquires land for future development in in-fill or suburban markets. The Business’s portfolio of income-producing properties includes residential apartment communities, office buildings, hotels and other commercial properties..