Quorum Health Corp (NYSE:QHC) saw a large decrease in short interest during the month of November. As of November 29th, there was short interest totalling 4,440,000 shares, a decrease of 5.9% from the November 14th total of 4,720,000 shares. Currently, 15.3% of the company’s shares are sold short. Based on an average trading volume of 263,900 shares, the days-to-cover ratio is currently 16.8 days.
Quorum Health stock traded down $0.01 during mid-day trading on Friday, hitting $0.87. The company’s stock had a trading volume of 185,531 shares, compared to its average volume of 482,277. The company has a 50 day moving average of $0.87 and a 200-day moving average of $1.27. Quorum Health has a one year low of $0.54 and a one year high of $3.84.
Quorum Health (NYSE:QHC) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.61) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.44). The business had revenue of $419.90 million during the quarter.
Separately, ValuEngine raised Quorum Health from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.
About Quorum Health
Quorum Health Corporation, together with its subsidiaries, provides hospital and outpatient healthcare services in the United States. Its hospital and outpatient healthcare services include general and acute care, emergency room, general and specialty surgery, critical care, internal medicine, diagnostic, obstetric, psychiatric, and rehabilitation services.
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