Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,017 shares, a growth of 128.5% from the September 15th total of 445 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,860 shares, the short-interest ratio is currently 0.5 days.
Gyrodyne Stock Down 2.2%
NASDAQ:GYRO traded down $0.10 during midday trading on Wednesday, hitting $4.60. The stock had a trading volume of 1,323 shares, compared to its average volume of 2,189. Gyrodyne has a one year low of $4.09 and a one year high of $10.16. The stock has a 50-day moving average of $5.04 and a 200 day moving average of $6.15.
About Gyrodyne
Gyrodyne Company of America, Inc is a real estate company focused primarily on owning, leasing and managing healthcare-related and medical office properties. Its portfolio has historically included medical and professional office space serving healthcare providers and related businesses.
The company’s real estate activities have been concentrated in the northeastern United States, particularly in New York, with properties in Suffolk and Westchester counties. Gyrodyne has also historically held healthcare-related real estate in Florida.
Gyrodyne was founded in 1946 and has operated as a publicly traded real estate company.
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