Auna SA (NYSE:AUNA) Sees Large Decline in Short Interest

Auna SA (NYSE:AUNA) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 250,400 shares, a drop of 10.9% from the August 15th total of 280,900 shares. Based on an average trading volume of 126,500 shares, the short-interest ratio is currently 2.0 days. Approximately 1.1% of the company’s stock are sold short.

Auna Price Performance

Shares of AUNA traded down $0.07 during mid-day trading on Tuesday, hitting $7.20. 31,002 shares of the company’s stock were exchanged, compared to its average volume of 272,855. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 1.94. Auna has a 52 week low of $6.17 and a 52 week high of $10.85. The stock has a 50-day moving average of $7.77.

Auna (NYSE:AUNA) last announced its earnings results on Wednesday, August 21st. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $292.00 million for the quarter, compared to analyst estimates of $299.17 million. As a group, equities research analysts forecast that Auna will post 0.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their target price on Auna from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Tuesday, August 20th.

Hedge Funds Weigh In On Auna

Several hedge funds have recently modified their holdings of the stock. Fiera Capital Corp boosted its position in Auna by 22.9% during the second quarter. Fiera Capital Corp now owns 1,285,894 shares of the company’s stock valued at $10,287,000 after purchasing an additional 239,371 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of Auna in the 2nd quarter valued at approximately $1,148,000. Renaissance Technologies LLC acquired a new stake in shares of Auna in the 2nd quarter valued at approximately $105,000. WINTON GROUP Ltd bought a new position in shares of Auna in the second quarter valued at $621,000. Finally, Deltec Asset Management LLC acquired a new position in Auna during the second quarter worth $968,000.

About Auna

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.