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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Healthcare Medical Care
Quipt Home Medical Corp. is a home medical equipment provider. The Company provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Quipt Home Medical Corp > Looks like a short covering rally?
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Post by besttobeon Apr 21, 2021 7:13am
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Post# 33035400

Looks like a short covering rally?

Looks like a short covering rally? The question is: is this a fake buy signal to suck in retial (increase volume) before bringing the price back down again before finishing covering. 

or

Does it signal that shorts have or are finishing covering regardless of price?

Price action today should answer this question. 

There were 4 million shares short between the OTC and TSX.V on April 15th- thats alot of shorts to cover given the low volume. 

IMO
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