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

Viemed Healthcare, Inc. (NASDAQ:VMD) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 273,600 shares, a decline of 12.5% from the May 31st total of 312,800 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 142,400 shares, the short-interest ratio is presently 1.9 days.

Viemed Healthcare Stock Up 1.2 %

Shares of NASDAQ VMD opened at $6.55 on Monday. Viemed Healthcare has a 1 year low of $5.90 and a 1 year high of $10.44. The company has a market capitalization of $254.27 million, a P/E ratio of 25.19 and a beta of 1.49. The company has a 50 day simple moving average of $7.25 and a 200-day simple moving average of $8.03. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.28 and a quick ratio of 1.14.

Viemed Healthcare (NASDAQ:VMD) last posted its earnings results on Monday, May 6th. The company reported $0.04 earnings per share (EPS) for the quarter. Viemed Healthcare had a return on equity of 9.32% and a net margin of 5.32%. The company had revenue of $50.59 million during the quarter.

Analyst Ratings Changes

Separately, Lake Street Capital raised shares of Viemed Healthcare to a “strong-buy” rating in a report on Tuesday, May 7th.

Institutional Trading of Viemed Healthcare

Institutional investors and hedge funds have recently bought and sold shares of the stock. New York State Teachers Retirement System purchased a new position in Viemed Healthcare during the first quarter worth about $29,000. AJOVista LLC purchased a new position in shares of Viemed Healthcare during the 4th quarter worth approximately $42,000. Price T Rowe Associates Inc. MD acquired a new stake in Viemed Healthcare in the 1st quarter valued at approximately $97,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in Viemed Healthcare in the first quarter valued at approximately $135,000. Finally, DORCHESTER WEALTH MANAGEMENT Co lifted its stake in Viemed Healthcare by 16.0% during the first quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 14,480 shares of the company’s stock worth $137,000 after purchasing an additional 2,000 shares in the last quarter. 74.24% of the stock is currently owned by hedge funds and other institutional investors.

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.