Viemed Healthcare, Inc. (NASDAQ:VMD) Short Interest Update

Viemed Healthcare, Inc. (NASDAQ:VMD) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 305,100 shares, a growth of 48.5% from the September 30th total of 205,500 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 122,800 shares, the days-to-cover ratio is currently 2.5 days.

Viemed Healthcare Price Performance

NASDAQ VMD traded down $0.02 on Tuesday, reaching $9.07. The company’s stock had a trading volume of 29,292 shares, compared to its average volume of 144,924. The firm has a market cap of $352.19 million, a PE ratio of 37.79 and a beta of 1.47. The company has a current ratio of 1.43, a quick ratio of 1.29 and a debt-to-equity ratio of 0.07. Viemed Healthcare has a 52 week low of $5.90 and a 52 week high of $10.44. The business has a 50-day moving average price of $7.93 and a 200 day moving average price of $7.44.

Viemed Healthcare (NASDAQ:VMD) last issued its earnings results on Wednesday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The company had revenue of $54.97 million during the quarter. Viemed Healthcare had a return on equity of 8.23% and a net margin of 4.60%.

Institutional Investors Weigh In On Viemed Healthcare

Several institutional investors and hedge funds have recently made changes to their positions in the company. Evernest Financial Advisors LLC acquired a new position in shares of Viemed Healthcare during the second quarter worth approximately $66,000. Perkins Coie Trust Co acquired a new position in Viemed Healthcare during the 3rd quarter worth $73,000. Price T Rowe Associates Inc. MD bought a new position in Viemed Healthcare in the 1st quarter valued at $97,000. SG Americas Securities LLC bought a new stake in shares of Viemed Healthcare during the third quarter worth $89,000. Finally, Victory Capital Management Inc. raised its position in shares of Viemed Healthcare by 21.1% during the second quarter. Victory Capital Management Inc. now owns 12,791 shares of the company’s stock worth $84,000 after acquiring an additional 2,226 shares during the last quarter. Institutional investors and hedge funds own 74.24% of the company’s stock.

Viemed Healthcare Company Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.