Ezra Holdings Limited (NASDAQ:EZRA) Shares Shorted: Short Interest Down 64.9% in September

Ezra Holdings Limited (NASDAQ:EZRA) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 18,115 shares, a decline of 64.9% from the August 31st total of 51,669 shares. Based on an average daily trading volume, of 48,815 shares, the days-to-cover ratio is presently 0.4 days.

Insider Activity

In other news, VP Yaakov Beyman sold 9,120 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $3.83, for a total value of $34,929.60. Following the completion of the sale, the vice president directly owned 2,967 shares of the company’s stock, valued at $11,363.61. This represents a 75.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Alex Blumenfrucht sold 8,830 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $3.97, for a total transaction of $35,055.10. Following the completion of the sale, the director owned 13 shares in the company, valued at $51.61. This represents a 99.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,727 shares of company stock valued at $124,161 in the last ninety days.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EZRA shares. Wall Street Zen cut shares of Ezra from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. Weiss Ratings raised Ezra from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Ezra currently has a consensus rating of “Sell”.

Ezra Stock Performance

EZRA traded up $0.04 during trading on Tuesday, reaching $2.66. The company had a trading volume of 15,541 shares, compared to its average volume of 800,491. Ezra has a 12 month low of $1.75 and a 12 month high of $53.20. The company’s fifty day moving average price is $2.54.

Ezra (NASDAQ:EZRA) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($3.26) earnings per share (EPS) for the quarter. The firm had revenue of $2.11 million for the quarter.

About Ezra

Ezra (NASDAQ: EZRA) is a health care technology company focused on improving cancer screening and early detection. The company combines magnetic resonance imaging (MRI) with artificial intelligence to help identify potential cancer and other abnormalities, with the goal of making screening more accessible, efficient and comprehensive.

Its services include Ezra Screen, an MRI-based screening program designed to examine multiple areas of the body in a single session, as well as related imaging and cancer-screening services.