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

Viemed Healthcare, Inc. (NASDAQ:VMDGet Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 312,800 shares, a decrease of 27.3% from the May 15th total of 430,300 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 180,500 shares, the short-interest ratio is presently 1.7 days.

Viemed Healthcare Trading Down 2.0 %

Shares of VMD opened at $7.00 on Friday. The stock’s fifty day simple moving average is $7.57 and its 200-day simple moving average is $8.12. The firm has a market capitalization of $271.74 million, a PE ratio of 26.92 and a beta of 1.49. Viemed Healthcare has a 12-month low of $5.90 and a 12-month high of $10.44. The company has a quick ratio of 1.14, a current ratio of 1.28 and a debt-to-equity ratio of 0.05.

Viemed Healthcare (NASDAQ:VMDGet Free Report) last posted its quarterly earnings results on Monday, May 6th. The company reported $0.04 earnings per share for the quarter. Viemed Healthcare had a net margin of 5.32% and a return on equity of 9.32%. The business had revenue of $50.59 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital upgraded shares of Viemed Healthcare to a “strong-buy” rating in a research note on Tuesday, May 7th.

Check Out Our Latest Analysis on VMD

Institutional Trading of Viemed Healthcare

A number of institutional investors and hedge funds have recently modified their holdings of VMD. New York State Teachers Retirement System bought a new stake in shares of Viemed Healthcare in the 1st quarter valued at $29,000. AJOVista LLC bought a new stake in shares of Viemed Healthcare in the fourth quarter worth about $42,000. State Board of Administration of Florida Retirement System bought a new stake in shares of Viemed Healthcare in the third quarter worth about $67,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Viemed Healthcare during the first quarter worth about $97,000. Finally, Pinnacle Wealth Planning Services Inc. bought a new position in shares of Viemed Healthcare during the 1st quarter valued at about $135,000. 74.24% of the stock is owned by institutional investors.

About Viemed Healthcare

(Get Free Report)

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.

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