Short Interest Runner: Time to Reconsider Teladoc Incorporated (NYSE:TDOC) After More Short Sellers?

November 17, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Runner: Time to Reconsider Teladoc Incorporated (NYSE:TDOC) After More Short Sellers?

The stock of Teladoc Incorporated (NYSE:TDOC) registered an increase of 2.15% in short interest. TDOC’s total short interest was 8.04 million shares in November as published by FINRA. Its up 2.15% from 7.87 million shares, reported previously. With 306,800 shares average volume, it will take short sellers 26 days to cover their TDOC’s short positions. The short interest to Teladoc Incorporated’s float is 33.58%. About 26,976 shares traded hands. Teladoc Inc (NYSE:TDOC) has risen 52.14% since April 15, 2016 and is uptrending. It has outperformed by 47.51% the S&P500.

Teladoc, Inc., together with its subsidiaries, is a telehealth company. The company has a market cap of $808.05 million. The Firm offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. It currently has negative earnings. The Firm operates through health services segment.

Teladoc Inc (NYSE:TDOC) Ratings Coverage

Out of 10 analysts covering Teladoc Inc (NYSE:TDOC), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. Teladoc Inc has been the topic of 22 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, August 13 by Deutsche Bank. The rating was initiated by FBR Capital on Friday, August 21 with “Outperform”. The stock of Teladoc Inc (NYSE:TDOC) earned “Buy” rating by Cowen & Co on Wednesday, September 2. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 4. The stock of Teladoc Inc (NYSE:TDOC) earned “Buy” rating by JP Morgan on Thursday, September 3. The firm has “Outperform” rating given on Thursday, August 27 by Leerink Swann. On Tuesday, January 12 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Buy” rating given on Monday, July 27 by SunTrust. The firm has “Outperform” rating given on Wednesday, July 20 by FBR Capital. The stock has “Buy” rating given by Deutsche Bank on Monday, July 27.

TDOC Company Profile

Teladoc, Inc., together with its subsidiaries, incorporated on October 16, 2008, is a telehealth company. The Firm offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Firm operates through health services segment. The Company’s solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals who treat a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. It serves over 6,000 employers, health plans, health systems and other entities. These Clients collectively purchase access to its solution for approximately 10 million Members. It has over 30 health plans as Clients.

More news for Teladoc Inc (NYSE:TDOC) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on June 04, 2015. Wsj.com‘s article titled: “Why Teladoc Needs Medical Attention” and published on October 04, 2015 is yet another important article.

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By Pete Kolinski


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