AMN Healthcare Services Inc (NYSE:AMN) Short Interest Update

AMN Healthcare Services Inc (NYSE:AMN) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,945,851 shares, a decrease of 18.6% from the January 15th total of 2,389,293 shares. Approximately 5.1% of the company’s stock are short sold. Based on an average trading volume of 1,193,351 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 1,193,351 shares, the short-interest ratio is currently 1.6 days. Approximately 5.1% of the company’s stock are short sold.

AMN Healthcare Services Stock Performance

NYSE:AMN traded down $0.04 during midday trading on Monday, reaching $16.23. 2,527,898 shares of the company traded hands, compared to its average volume of 1,194,288. The firm has a market capitalization of $623.20 million, a price-to-earnings ratio of -2.26 and a beta of 0.22. The company has a fifty day moving average price of $17.68 and a 200 day moving average price of $18.36. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.05 and a quick ratio of 1.05. AMN Healthcare Services has a twelve month low of $14.86 and a twelve month high of $30.49.

Hedge Funds Weigh In On AMN Healthcare Services

Institutional investors have recently modified their holdings of the company. Yousif Capital Management LLC increased its holdings in shares of AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock worth $352,000 after acquiring an additional 534 shares during the period. Covestor Ltd grew its position in AMN Healthcare Services by 13.9% in the 3rd quarter. Covestor Ltd now owns 4,747 shares of the company’s stock worth $92,000 after purchasing an additional 579 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of AMN Healthcare Services by 7.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,829 shares of the company’s stock valued at $203,000 after purchasing an additional 718 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AMN Healthcare Services by 2.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after buying an additional 1,153 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup restated a “market outperform” rating on shares of AMN Healthcare Services in a research note on Friday, December 19th. UBS Group boosted their price objective on AMN Healthcare Services from $18.00 to $20.50 and gave the company a “neutral” rating in a report on Friday, November 7th. Wall Street Zen upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. BMO Capital Markets raised their price objective on AMN Healthcare Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, Citizens Jmp decreased their price objective on shares of AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating for the company in a report on Friday, December 19th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $22.36.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.