CareMax, Inc. (NASDAQ:CMAX – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 463,600 shares, an increase of 275.1% from the October 15th total of 123,600 shares. Approximately 19.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 314,800 shares, the days-to-cover ratio is presently 1.5 days.
Institutional Investors Weigh In On CareMax
A hedge fund recently bought a new stake in CareMax stock. Mirae Asset Global Investments Co. Ltd. bought a new stake in CareMax, Inc. (NASDAQ:CMAX – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,002 shares of the company’s stock, valued at approximately $130,000. Mirae Asset Global Investments Co. Ltd. owned about 0.71% of CareMax as of its most recent SEC filing. Institutional investors own 65.94% of the company’s stock.
CareMax Stock Down 4.0 %
Shares of NASDAQ:CMAX traded down $0.07 during trading on Thursday, hitting $1.66. The company’s stock had a trading volume of 45,764 shares, compared to its average volume of 966,432. The company has a market capitalization of $6.34 million, a PE ratio of -0.01 and a beta of 0.66. CareMax has a fifty-two week low of $1.18 and a fifty-two week high of $38.10. The stock’s 50-day moving average price is $1.88 and its two-hundred day moving average price is $2.73. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.23 and a current ratio of 0.23.
About CareMax
CareMax, Inc provides care and chronic disease management services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation; and services to children and adults through Medicaid programs, as well as through commercial insurance plans.
Featured Articles
- Five stocks we like better than CareMax
- What Are Dividend Challengers?
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- 3 Healthcare Dividend Stocks to Buy
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- Find and Profitably Trade Stocks at 52-Week Lows
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for CareMax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CareMax and related companies with MarketBeat.com's FREE daily email newsletter.
