Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 3,137,212 shares, a drop of 10.0% from the October 13th total of 3,486,276 shares. Currently, 5.6% of the shares of the stock are sold short. Based on an average daily volume of 212,492 shares, the days-to-cover ratio is presently 14.8 days.
A number of institutional investors and hedge funds have recently bought and sold shares of HLTH. Bank of New York Mellon Corp grew its holdings in Nobilis Health Corp by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 161,086 shares of the healthcare company’s stock valued at $274,000 after buying an additional 4,672 shares during the period. SG Americas Securities LLC grew its holdings in Nobilis Health Corp by 346.8% in the 1st quarter. SG Americas Securities LLC now owns 64,181 shares of the healthcare company’s stock valued at $109,000 after buying an additional 49,817 shares during the period. Thrivent Financial For Lutherans acquired a new position in shares of Nobilis Health Corp in the 1st quarter valued at about $664,000. Goldman Sachs Group Inc. lifted its stake in shares of Nobilis Health Corp by 123.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 137,641 shares of the healthcare company’s stock valued at $234,000 after purchasing an additional 76,154 shares in the last quarter. Finally, LMR Partners LLP acquired a new position in shares of Nobilis Health Corp in the 2nd quarter valued at about $401,000.
Separately, Zacks Investment Research cut Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 20th.
Shares of Nobilis Health Corp (NYSEAMERICAN:HLTH) opened at $1.30 on Wednesday. Nobilis Health Corp has a fifty-two week low of $1.10 and a fifty-two week high of $3.05.
Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) last posted its quarterly earnings results on Monday, November 6th. The healthcare company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $64.70 million during the quarter, compared to the consensus estimate of $78.29 million. Nobilis Health Corp’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period last year, the business earned ($0.04) EPS.
TRADEMARK VIOLATION WARNING: “Nobilis Health Corp (HLTH) Short Interest Update” was originally posted by Stock Observer and is owned by of Stock Observer. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://www.thestockobserver.com/2017/11/15/nobilis-health-corp-hlth-short-interest-update.html.
About Nobilis Health Corp
Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.
Receive News & Ratings for Nobilis Health Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nobilis Health Corp and related companies with MarketBeat.com's FREE daily email newsletter.