InfuSystem Holdings, Inc. (NYSE:INFU) Short Interest Update

InfuSystem Holdings, Inc. (NYSE:INFU - Get Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 508,000 shares, an increase of 27.1% from the May 15th total of 399,700 shares. Based on an average daily volume of 149,400 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.7% of the shares of the company are short sold.

InfuSystem Price Performance

Shares of InfuSystem stock opened at $6.16 on Wednesday. The company has a current ratio of 1.98, a quick ratio of 1.59 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $129.46 million, a PE ratio of 102.68 and a beta of 1.81. The business's 50-day moving average price is $5.45 and its 200-day moving average price is $6.76. InfuSystem has a 12 month low of $4.61 and a 12 month high of $9.97.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on INFU shares. Sidoti upgraded InfuSystem to a "strong-buy" rating in a research note on Tuesday, March 18th. B. Riley upgraded InfuSystem to a "strong-buy" rating in a research report on Thursday, May 8th. Finally, Wall Street Zen lowered InfuSystem from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, May 14th.

Institutional Trading of InfuSystem

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its stake in shares of InfuSystem by 67.9% during the fourth quarter. BNP Paribas Financial Markets now owns 6,844 shares of the company's stock valued at $58,000 after buying an additional 2,768 shares during the period. Wells Fargo & Company MN increased its stake in shares of InfuSystem by 51.7% during the fourth quarter. Wells Fargo & Company MN now owns 9,286 shares of the company's stock valued at $78,000 after buying an additional 3,165 shares during the period. Summit Global Investments purchased a new position in shares of InfuSystem during the fourth quarter valued at approximately $86,000. Sei Investments Co. purchased a new position in shares of InfuSystem during the fourth quarter valued at approximately $90,000. Finally, Jump Financial LLC purchased a new position in shares of InfuSystem during the first quarter valued at approximately $58,000. Institutional investors own 71.13% of the company's stock.

About InfuSystem

InfuSystem Holdings, Inc, through its subsidiaries, provides infusion pumps, and related products and services in the United States and Canada. The company operates in two segments, Patient Services and Device Solutions. It supplies electronic ambulatory infusion pumps and associated disposable supply kits to oncology, infusion, and hospital outpatient chemotherapy clinics for the treatment of various cancers, including colorectal cancer, pain management, and other disease states.

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