Inspire Veterinary Partners, Inc. (NASDAQ:IVP – Get Free Report) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 42,600 shares, a decline of 30.4% from the February 28th total of 61,200 shares. Based on an average daily volume of 150,200 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.9% of the shares of the stock are sold short.
Hedge Funds Weigh In On Inspire Veterinary Partners
A hedge fund recently raised its stake in Inspire Veterinary Partners stock. Geode Capital Management LLC lifted its position in shares of Inspire Veterinary Partners, Inc. (NASDAQ:IVP – Free Report) by 880.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 198,335 shares of the company’s stock after buying an additional 178,108 shares during the period. Geode Capital Management LLC owned approximately 15.26% of Inspire Veterinary Partners worth $38,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 4.76% of the company’s stock.
Inspire Veterinary Partners Price Performance
IVP stock traded up $0.01 during midday trading on Friday, reaching $1.72. The stock had a trading volume of 25,178 shares, compared to its average volume of 191,559. Inspire Veterinary Partners has a 52-week low of $1.66 and a 52-week high of $401.50. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 3.60. The company’s fifty day simple moving average is $2.25 and its 200 day simple moving average is $5.61. The company has a market cap of $2.23 million, a price-to-earnings ratio of 0.00 and a beta of -2.35.
About Inspire Veterinary Partners
Inspire Veterinary Partners, Inc owns and operates veterinary hospitals in the United States. The company specializes in small animal general practice hospitals, which serve companion pets, canine, and feline breeds, including equine care. Its hospitals provide preventive care for companion animals consisting of annual health exams and parasite control; dental health; nutrition and body condition counseling; neurological examinations; radiology; bloodwork; and skin and coat health, and other breed specific preventive care services.
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