Short Interest in Nobilis Health Corp (HLTH) Declines By 11.0%

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Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 687,875 shares, a drop of 11.0% from the January 15th total of 773,081 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 95,703 shares, the short-interest ratio is currently 7.2 days.

A hedge fund recently bought a new stake in Nobilis Health stock. Weber Alan W purchased a new stake in Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 490,721 shares of the healthcare company’s stock, valued at approximately $491,000. Weber Alan W owned 0.63% of Nobilis Health as of its most recent SEC filing.

Separately, Benchmark lowered Nobilis Health from a “buy” rating to a “hold” rating in a report on Monday, November 12th.

Nobilis Health stock opened at $0.39 on Thursday. Nobilis Health has a 1-year low of $0.17 and a 1-year high of $1.70.

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About Nobilis Health

Nobilis Health Corp. owns and manages ambulatory surgical centers (ASCs), and acute-care and surgical hospitals in the United States. It operates through two segments, Medical Services and Marketing. The company's healthcare facilities provides surgical procedures in various clinical specialties, including orthopedic surgery, podiatric, vein and vascular, pain management, gastro- intestinal, gynecology, and general, as well as ear, nose, and throat.

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