ACRES Commercial Realty Corp. (NYSE:ACR) Short Interest Update

ACRES Commercial Realty Corp. (NYSE:ACR) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 27,500 shares, an increase of 52.8% from the March 31st total of 18,000 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 30,900 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of ACRES Commercial Realty

A hedge fund recently raised its stake in ACRES Commercial Realty stock. Barclays PLC increased its position in shares of ACRES Commercial Realty Corp. (NYSE:ACR) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,415 shares of the company’s stock after purchasing an additional 1,416 shares during the quarter. Barclays PLC owned 1.45% of ACRES Commercial Realty worth $1,025,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 40.03% of the company’s stock.

ACRES Commercial Realty Stock Up 0.6 %

Shares of ACR stock traded up $0.08 during trading hours on Friday, reaching $13.74. 5,740 shares of the company’s stock were exchanged, compared to its average volume of 19,147. The stock has a market cap of $105.66 million, a PE ratio of 39.46 and a beta of 1.99. The company has a current ratio of 84.01, a quick ratio of 84.01 and a debt-to-equity ratio of 3.76. The stock’s fifty day moving average price is $12.51 and its two-hundred day moving average price is $10.08. ACRES Commercial Realty has a 1 year low of $6.62 and a 1 year high of $14.35.

ACRES Commercial Realty Company Profile

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities.