Viemed Healthcare, Inc. (NASDAQ:VMD) Short Interest Update

Viemed Healthcare, Inc. (NASDAQ:VMD - Get Free Report) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 340,000 shares, a decline of 14.6% from the March 31st total of 398,300 shares. Approximately 1.0% of the company's shares are sold short. Based on an average trading volume of 112,600 shares, the days-to-cover ratio is currently 3.0 days.

Viemed Healthcare Stock Performance

Shares of VMD stock opened at $7.37 on Friday. The stock has a market capitalization of $291.29 million, a PE ratio of 27.30 and a beta of 1.64. Viemed Healthcare has a one year low of $6.21 and a one year high of $9.81. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.31 and a quick ratio of 1.19. The business's 50 day simple moving average is $7.15 and its 200 day simple moving average is $8.00.

Institutional Trading of Viemed Healthcare

A number of institutional investors have recently bought and sold shares of VMD. Segall Bryant & Hamill LLC boosted its position in shares of Viemed Healthcare by 252.1% during the 1st quarter. Segall Bryant & Hamill LLC now owns 130,229 shares of the company's stock valued at $948,000 after purchasing an additional 93,242 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Viemed Healthcare by 45.8% during the 1st quarter. Victory Capital Management Inc. now owns 158,198 shares of the company's stock worth $1,152,000 after buying an additional 49,701 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Viemed Healthcare by 12.2% during the 1st quarter. Bank of New York Mellon Corp now owns 80,141 shares of the company's stock valued at $583,000 after acquiring an additional 8,711 shares during the period. Mackenzie Financial Corp boosted its stake in Viemed Healthcare by 225.5% during the fourth quarter. Mackenzie Financial Corp now owns 64,433 shares of the company's stock worth $517,000 after acquiring an additional 44,636 shares in the last quarter. Finally, Man Group plc acquired a new stake in Viemed Healthcare in the fourth quarter worth $95,000. Institutional investors own 74.24% of the company's stock.

About Viemed Healthcare

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.

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