RE:Viemed experiences significant increase in short interestYou are missing the complete story which I will post below. This girl is talking about domestic unrest and racial tension in the last paragraph. That means the whole US is going under. I think she is from Brazil. The whole company has six employees, she has three jobs at the same time.
Viemed Healthcare, Inc. has recently experienced a significant increase in short interest throughout the month of May. The short interest for this period reached a total of 174,200 shares, which is an increase of approximately 68.3% compared to the previous figure recorded on May 15th, which was at 103,500 shares. Based on the average trading volume of the company’s stock, it currently shows a days-to-cover ratio of 1.3 days. Moreover, only around 0.5% of the company’s stock is sold short.
Meanwhile, Director Nitin Kaushal has disclosed a recent transaction that involved selling a total of 12,087 shares of Viemed Healthcare’s stock. The sale was performed last March 17th with each share sold at an average price of $13.43 making for a total transaction amounting to $162,328.41 USD. Following this operation, Kaushal now owns 102,524 shares in the company valued at $1,376,897.32.
In addition to these developments, there are reports that TheStreet has downgraded its rating of Viemed Healthcare from “b-” rating to “c” due to separate reasons as indicated in its latest report on May 31st.
Viemed Healthcare provides post-acute respiratory healthcare services and durable medical equipment (DME) solutions through its subsidiaries across several locations in the United States. The company specializes in providing treatments for patients suffering from chronic obstructive pulmonary disease (COPD), including various non-invasive ventilation therapies such as percussion vests and other treatments that help improve respiratory function and overall healthcare outcomes among COPD patients.
As it stands today amidst market volatility and uncertainty caused by COVID-19 related disruptions in healthcare operations and supply chains worldwide combined with ongoing domestic unrest brought about by racial tensions across North America what will become clear from trends we see unfolding over coming weeks in Viemed stock movements whether an accurate judgement is made between these recent developments and the company’s long-term outlook.