P3 Health Partners Inc. (NASDAQ:PIII) Short Interest Update

P3 Health Partners Inc. (NASDAQ:PIII) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 1,310,000 shares, a decline of 20.1% from the July 15th total of 1,640,000 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily volume of 357,600 shares, the days-to-cover ratio is presently 3.7 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. SlateStone Wealth LLC purchased a new stake in P3 Health Partners during the 4th quarter worth approximately $40,000. Welch Capital Partners LLC NY purchased a new stake in shares of P3 Health Partners in the 4th quarter valued at $42,000. Renaissance Technologies LLC boosted its holdings in shares of P3 Health Partners by 188.1% in the 2nd quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock valued at $50,000 after acquiring an additional 73,000 shares during the last quarter. Sanders Morris Harris LLC boosted its holdings in shares of P3 Health Partners by 16.3% in the 2nd quarter. Sanders Morris Harris LLC now owns 142,998 shares of the company’s stock valued at $64,000 after acquiring an additional 20,000 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its holdings in shares of P3 Health Partners by 110.6% in the 1st quarter. GSA Capital Partners LLP now owns 565,522 shares of the company’s stock valued at $582,000 after acquiring an additional 296,936 shares during the last quarter. Institutional investors own 7.75% of the company’s stock.

P3 Health Partners Stock Up 2.1 %

Shares of NASDAQ:PIII traded up $0.01 during trading hours on Friday, hitting $0.60. The company’s stock had a trading volume of 11,752 shares, compared to its average volume of 364,953. P3 Health Partners has a 52 week low of $0.44 and a 52 week high of $2.94. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.55 and a quick ratio of 0.55. The company has a market capitalization of $189.67 million, a price-to-earnings ratio of -1.02 and a beta of 1.20. The firm’s fifty day moving average price is $0.57 and its 200 day moving average price is $0.73.

About P3 Health Partners

P3 Health Partners Inc, a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. P3 Health Partners Inc was founded in 2020 and is based in Henderson, Nevada.