InfuSystem Holdings Inc (INFU) Short Interest Up 10.4% in December
InfuSystem Holdings Inc (NYSE:INFU) saw a large growth in short interest in the month of December. As of December 30th, there was short interest totalling 303,906 shares, a growth of 10.4% from the December 15th total of 275,332 shares. Based on an average trading volume of 187,916 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.5% of the company’s shares are sold short.
In other news, Director Meridian Ohc Partners, Lp bought 200,000 shares of the stock in a transaction that occurred on Friday, December 16th. The stock was bought at an average cost of $2.34 per share, for a total transaction of $468,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Eric K. Steen bought 12,000 shares of the stock in a transaction that occurred on Monday, December 19th. The shares were purchased at an average price of $2.33 per share, with a total value of $27,960.00. The disclosure for this purchase can be found here.
InfuSystem Holdings (NYSE:INFU) opened at 2.20 on Friday. The stock has a market capitalization of $49.87 million and a PE ratio of 31.43. InfuSystem Holdings has a one year low of $1.55 and a one year high of $3.75. The company’s 50-day moving average price is $2.16 and its 200-day moving average price is $2.53.
About InfuSystem Holdings
InfuSystem Holdings, Inc is a provider of infusion pumps and related products and services for patients in the home, oncology clinics, ambulatory surgery centers and other sites of care. The Company delivers local, field-based customer support and also operates pump service and repair Centers of Excellence in Michigan, Kansas, California, Texas and Ontario, Canada.
Receive News & Ratings for InfuSystem Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InfuSystem Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.