GoHealth, Inc. (NASDAQ:GOCO) Short Interest Update

GoHealth, Inc. (NASDAQ:GOCO) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 533,301 shares, a growth of 26.5% from the February 26th total of 421,495 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average trading volume of 119,901 shares, the days-to-cover ratio is presently 4.4 days.

GoHealth Trading Down 0.7%

Shares of GOCO stock traded down $0.01 during mid-day trading on Monday, reaching $1.54. The stock had a trading volume of 36,705 shares, compared to its average volume of 64,169. The stock’s 50-day moving average price is $1.83 and its two-hundred day moving average price is $2.89. GoHealth has a 52-week low of $1.31 and a 52-week high of $12.69. The firm has a market capitalization of $44.33 million, a PE ratio of -0.10 and a beta of 1.70. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 2.64.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GOCO. Barclays PLC grew its position in shares of GoHealth by 10.1% in the 4th quarter. Barclays PLC now owns 81,181 shares of the company’s stock worth $175,000 after buying an additional 7,430 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of GoHealth by 119.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,448 shares of the company’s stock valued at $57,000 after acquiring an additional 14,388 shares in the last quarter. Deutsche Bank AG lifted its stake in GoHealth by 150.8% in the fourth quarter. Deutsche Bank AG now owns 32,183 shares of the company’s stock worth $69,000 after acquiring an additional 19,349 shares during the period. Goldman Sachs Group Inc. bought a new stake in GoHealth in the fourth quarter valued at $26,000. Finally, Geode Capital Management LLC boosted its holdings in GoHealth by 8.1% in the fourth quarter. Geode Capital Management LLC now owns 150,821 shares of the company’s stock valued at $324,000 after acquiring an additional 11,340 shares in the last quarter. Institutional investors own 24.21% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of GoHealth in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GoHealth currently has a consensus rating of “Hold” and a consensus price target of $5.00.

GoHealth Company Profile

GoHealth, Inc is a technology-driven health insurance marketplace that connects consumers with a wide range of health insurance plans from leading carriers. Through its digital platform, the company facilitates the comparison, selection and enrollment process for individual and family plans, as well as Medicare Advantage and Medicare Supplement products. By leveraging data analytics and customer support services, GoHealth aims to simplify a traditionally complex market and enable more informed decision-making for policyholders.

The company’s online portal integrates real-time quoting tools, educational resources and access to licensed insurance agents, ensuring that users receive personalized guidance throughout the enrollment journey.