Nutex Health Inc. (NASDAQ:NUTX – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 6,910,000 shares, an increase of 137.5% from the December 15th total of 2,910,000 shares. Based on an average trading volume of 3,920,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.2% of the shares of the company are short sold.

Nutex Health Stock Performance

Shares of Nutex Health stock traded up $0.08 on Wednesday, reaching $1.58. 1,342,068 shares of the stock were exchanged, compared to its average volume of 1,095,961. Nutex Health has a 1-year low of $0.50 and a 1-year high of $52.80. The company has a current ratio of 2.45, a quick ratio of 2.38 and a debt-to-equity ratio of 1.73. The business has a fifty day moving average price of $1.66 and a two-hundred day moving average price of $2.03.

Nutex Health (NASDAQ:NUTX – Get Rating) last issued its earnings results on Monday, November 21st. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $28.40 million for the quarter.

Analysts Set New Price Targets

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new position in Nutex Health during the second quarter worth about $29,000. Cetera Investment Advisers acquired a new position in Nutex Health during the second quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Nutex Health during the second quarter worth about $36,000. Apollon Wealth Management LLC acquired a new position in Nutex Health during the second quarter worth about $49,000. Finally, Verition Fund Management LLC acquired a new position in Nutex Health during the second quarter worth about $52,000. 1.24% of the stock is currently owned by institutional investors and hedge funds.

About Nutex Health

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Nutex Health, Inc operates as a technology-enabled healthcare services company. It operates through two divisions: Hospital division and Population Health Management division. The Hospital division implements and operates health care models, including micro-hospitals, specialty hospitals, and hospital outpatient departments.

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