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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Post by LongTerm3on Jul 07, 2022 9:52am
164 Views
Post# 34808000

Shorts and Buyback:

Shorts and Buyback:The float on Viemed is about 34 million shares.

The short position on June 15th was 1.71 million shares.

I don't think they bought all there shares back yet, which adds to the short position. Volume has gone up big creating a new base.

The company gave guidance for about 32.5 million core revenue for the second quarter.

They hired 25 more people in a month.

The bottom line is I wouldn't want to be short, or chasing the stock.

They said they have all the equipment they need at this time, and are back to normal on the June call.

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To be fair, I wish they would put out more releases. And they are very cocky managers, but they get the job done. The money they made during Covid enabled them to buy two other buildings for cash, and more vents.

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