Gyrodyne, LLC (NASDAQ:GYRO) Sees Large Growth in Short Interest

Gyrodyne, LLC (NASDAQ:GYRO) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 200 shares, a growth of 100.0% from the February 13th total of 100 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Gyrodyne

An institutional investor recently raised its position in Gyrodyne stock. Round Hill Asset Management increased its holdings in shares of Gyrodyne, LLC (NASDAQ:GYRO) by 17.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,715 shares of the real estate investment trust’s stock after purchasing an additional 2,924 shares during the period. Round Hill Asset Management owned approximately 0.90% of Gyrodyne worth $153,000 at the end of the most recent quarter. Institutional investors own 71.36% of the company’s stock.

Gyrodyne Price Performance

GYRO stock traded down $0.15 during midday trading on Friday, hitting $8.62. The stock had a trading volume of 1,987 shares, compared to its average volume of 2,537. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 1.78. The business has a fifty day moving average price of $9.01 and a two-hundred day moving average price of $9.05. Gyrodyne has a 1-year low of $7.65 and a 1-year high of $11.96.

Gyrodyne Company Profile

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.