Gyrodyne, LLC (NASDAQ:GYRO) Short Interest Update

Gyrodyne, LLC (NASDAQ:GYRO) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 50.0% from the January 31st total of 200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 0.1 days.

Gyrodyne Stock Performance

Shares of GYRO traded down $0.60 during trading hours on Friday, hitting $8.51. The company had a trading volume of 319 shares, compared to its average volume of 701. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. Gyrodyne has a one year low of $7.65 and a one year high of $11.96. The company’s fifty day moving average price is $9.14 and its two-hundred day moving average price is $9.01.

Hedge Funds Weigh In On Gyrodyne

A hedge fund recently raised its stake in Gyrodyne stock. Round Hill Asset Management grew its position in Gyrodyne, LLC (NASDAQ:GYRO) by 17.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,715 shares of the real estate investment trust’s stock after buying an additional 2,924 shares during the period. Round Hill Asset Management owned 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.

About Gyrodyne

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.