What Next for Amedisys Incorporated (NASDAQ:AMED) Stock After Decrease in Shorted Shares?

November 14, 2017 - By Dolores Ford

 What Next for Amedisys Incorporated (NASDAQ:AMED) Stock After Decrease in Shorted Shares?

Investors sentiment increased to 1.75 in 2017 Q2. Its up 0.69, from 1.06 in 2017Q1. It is positive, as 9 investors sold Amedisys Inc shares while 42 reduced holdings. 32 funds opened positions while 57 raised stakes. 30.18 million shares or 2.20% less from 30.86 million shares in 2017Q1 were reported.
Invesco has invested 0% in Amedisys Inc (NASDAQ:AMED). 19,661 are owned by Nuveen Asset Ltd Liability. Northern stated it has 804,167 shares. Prudential Financial, New Jersey-based fund reported 47,677 shares. Public Employees Retirement Association Of Colorado reported 0% of its portfolio in Amedisys Inc (NASDAQ:AMED). Ls Invest Advisors Ltd Liability Company invested in 0% or 1,070 shares. Ny State Teachers Retirement reported 78,511 shares. Hudson Bay Cap Management Limited Partnership invested 0.32% in Amedisys Inc (NASDAQ:AMED). Piedmont Investment Advisors owns 6,054 shares for 0.01% of their portfolio. Pub Sector Pension Inv Board holds 14,393 shares. Morgan Stanley reported 0% of its portfolio in Amedisys Inc (NASDAQ:AMED). Bnp Paribas Arbitrage Sa holds 0% or 11,565 shares in its portfolio. Us Retail Bank De stated it has 0% of its portfolio in Amedisys Inc (NASDAQ:AMED). Timessquare Mgmt Lc accumulated 731,670 shares or 0.3% of the stock. Teachers Retirement System Of The State Of Kentucky, Kentucky-based fund reported 11,167 shares.

Since May 25, 2017, it had 1 buying transaction, and 0 insider sales for $29,845 activity.

The stock of Amedisys Incorporated (NASDAQ:AMED) registered a decrease of 3.44% in short interest. AMED’s total short interest was 2.89M shares in November as published by FINRA. Its down 3.44% from 2.99 million shares, reported previously. With 319,100 shares average volume, it will take short sellers 9 days to cover their AMED’s short positions. The short interest to Amedisys Incorporated’s float is 8.79%.

The stock increased 1.97% or $1.11 during the last trading session, reaching $57.41. About 154,842 shares traded. Amedisys Inc (NASDAQ:AMED) has risen 15.02% since November 14, 2016 and is uptrending. It has underperformed by 1.68% the S&P500.

Amedisys, Inc. is a healthcare services company. The company has market cap of $1.95 billion. The Company’s divisions are Home Health, Hospice, Personal Care and Other. It has a 45.53 P/E ratio. The Firm is a well-known provider of home health, hospice and personal care services.

Amedisys Inc (NASDAQ:AMED) Ratings Coverage

Among 14 analysts covering Amedisys Inc. (NASDAQ:AMED), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Amedisys Inc. had 36 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Amedisys Inc (NASDAQ:AMED) has “Mkt Perform” rating given on Monday, January 11 by Raymond James. The rating was initiated by Benchmark on Friday, January 27 with “Hold”. Stephens initiated the stock with “Equal-Weight” rating in Friday, June 17 report. The stock has “Neutral” rating by Robert W. Baird on Wednesday, January 13. The firm has “Buy” rating by Mizuho given on Tuesday, January 19. Jefferies maintained the shares of AMED in report on Wednesday, June 7 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, July 26 by Mizuho. The rating was maintained by Craig Hallum on Thursday, November 9 with “Buy”. RBC Capital Markets maintained the shares of AMED in report on Monday, June 5 with “Hold” rating. The stock of Amedisys Inc (NASDAQ:AMED) has “Buy” rating given on Thursday, November 2 by Mizuho.

More recent Amedisys Inc (NASDAQ:AMED) news were published by: Globenewswire.com which released: “Amedisys Previews Strong Third Quarter 2017 Results” on October 24, 2017. Also Streetinsider.com published the news titled: “Amedisys (AMED) Tops Q3 EPS by 2c, Miss on Revenues” on November 07, 2017. Businesswire.com‘s news article titled: “Amedisys Adopts CellTrak’s Care Delivery Management Solution for Its Fast …” with publication date: November 13, 2017 was also an interesting one.

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