MSP Recovery, Inc. (NASDAQ:MSPR) Short Interest Update

MSP Recovery, Inc. (NASDAQ:MSPR) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,568,727 shares, a growth of 231.4% from the November 30th total of 473,363 shares. Based on an average trading volume of 5,215,219 shares, the days-to-cover ratio is presently 0.3 days. Currently, 22.2% of the shares of the stock are sold short. Currently, 22.2% of the shares of the stock are sold short. Based on an average trading volume of 5,215,219 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MSP Recovery stock. Corient Private Wealth LLC purchased a new stake in MSP Recovery, Inc. (NASDAQ:MSPR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 97,924 shares of the company’s stock, valued at approximately $136,000. Corient Private Wealth LLC owned approximately 1.19% of MSP Recovery as of its most recent SEC filing. 3.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MSPR shares. Wall Street Zen lowered shares of MSP Recovery to a “strong sell” rating in a report on Saturday, September 13th. Weiss Ratings restated a “sell (e+)” rating on shares of MSP Recovery in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

MSP Recovery Stock Up 44.1%

NASDAQ MSPR traded up $0.05 during trading hours on Friday, hitting $0.16. 879,339 shares of the company were exchanged, compared to its average volume of 7,639,069. The company has a 50 day moving average of $0.42 and a two-hundred day moving average of $3.31. The firm has a market cap of $2.28 million, a price-to-earnings ratio of 0.00 and a beta of -2.96. MSP Recovery has a 52-week low of $0.06 and a 52-week high of $24.71.

MSP Recovery (NASDAQ:MSPR) last released its quarterly earnings data on Wednesday, November 19th. The company reported ($132.71) earnings per share (EPS) for the quarter. The firm had revenue of $0.20 million for the quarter. MSP Recovery had a negative return on equity of 326.80% and a negative net margin of 7,328.48%.

About MSP Recovery

MSP Recovery (NASDAQ: MSPR) is a provider of recovery and compliance services to public and commercial healthcare payers. The company specializes in subrogation and Medicare Secondary Payer (MSP) recovery, helping clients identify and recoup payments that should be borne by third parties rather than the insurer. MSP Recovery’s core offerings include claims review, case development, legal filings, and negotiation services, all designed to reduce wasteful expenditure and ensure payer compliance with federal and state regulations.

At the heart of MSP Recovery’s service model is a proprietary technology platform that integrates data analytics with case management tools.