Follow The Short Interest: Can Webmd Health Corporation (NASDAQ:WBMD)’s Tomorrow be Different? The Stock Had Increase in Shorts

November 21, 2016 - By Ellis Scott   ·   0 Comments

Follow The Short Interest: Can Webmd Health Corporation (NASDAQ:WBMD)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of Webmd Health Corporation (NASDAQ:WBMD) registered an increase of 1.28% in short interest. WBMD’s total short interest was 5.84 million shares in November as published by FINRA. Its up 1.28% from 5.76 million shares, reported previously. With 414,200 shares average volume, it will take short sellers 14 days to cover their WBMD’s short positions. The short interest to Webmd Health Corporation’s float is 18.88%. The stock last traded at $53.78 per share. It is down 12.47% since April 19, 2016 and is downtrending. It has underperformed by 16.33% the S&P500.

WebMD Health Corp. is a provider of health information services. The company has a market cap of $2.08 billion. The Firm provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. It has a 30.34 P/E ratio. The WebMD Health Network includes: www.WebMD.com, its primary public portal for clients and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, the Company provides its branded health and wellness content, tools and services.

Insitutional Activity: The institutional sentiment decreased to 1.06 in 2016 Q2. Its down 0.45, from 1.51 in 2016Q1. The ratio turned negative, as 36 funds sold all WebMD Health Corp. shares owned while 59 reduced positions. 66 funds bought stakes while 77 increased positions. They now own 31.91 million shares or 9.67% more from 29.09 million shares in 2016Q1.
Copper Rock Cap Prtn Limited Liability Corp reported 311,930 shares or 1.37% of all its holdings. Strs Ohio reported 3,400 shares or 0% of all its holdings. Focused Wealth Mgmt, a New York-based fund reported 3 shares. Balyasny Asset Management Limited Liability Corp has invested 0% of its portfolio in WebMD Health Corp. (NASDAQ:WBMD). Rs Mgmt Lc has 694,103 shares for 0.41% of their US portfolio. Smithfield Trust Communications reported 3,690 shares or 0.04% of all its holdings. The New York-based Amalgamated Savings Bank has invested 0.01% in WebMD Health Corp. (NASDAQ:WBMD). Bancorporation Of America Corp De holds 0% of its portfolio in WebMD Health Corp. (NASDAQ:WBMD) for 66,258 shares. Oxford Asset holds 53,572 shares or 0.13% of its portfolio. Signaturefd Ltd Liability Com holds 0% or 25 shares in its portfolio. Manufacturers Life Ins Co The holds 0.01% or 76,208 shares in its portfolio. Howard Hughes Med Institute last reported 0.68% of its portfolio in the stock. Guggenheim Cap Ltd Limited Liability Company has 328,101 shares for 0.06% of their US portfolio. Eam Invsts Ltd Com accumulated 41,015 shares or 0.36% of the stock. Los Angeles Management And Equity Research holds 12,708 shares or 0.01% of its portfolio.

WebMD Health Corp. (NASDAQ:WBMD) Ratings Coverage

Out of 10 analysts covering WebMD Health (NASDAQ:WBMD), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. WebMD Health has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Mizuho given on Monday, September 19. The firm has “Outperform” rating given on Wednesday, September 16 by Cowen & Co. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 4. SunTrust maintained WebMD Health Corp. (NASDAQ:WBMD) rating on Thursday, October 6. SunTrust has “Buy” rating and $72 price target. The stock of WebMD Health Corp. (NASDAQ:WBMD) earned “Positive” rating by SunTrust on Monday, August 3. The firm earned “Overweight” rating on Tuesday, January 5 by KeyBanc Capital Markets. The stock has “Neutral” rating given by Citigroup on Tuesday, August 9. William Blair downgraded WebMD Health Corp. (NASDAQ:WBMD) on Friday, June 3 to “Market Perform” rating. RBC Capital Markets downgraded WebMD Health Corp. (NASDAQ:WBMD) rating on Tuesday, December 8. RBC Capital Markets has “Outperform” rating and $55 price target. The stock of WebMD Health Corp. (NASDAQ:WBMD) has “Neutral” rating given on Wednesday, November 2 by Mizuho.

WBMD Company Profile

WebMD Health Corp., incorporated on May 3, 2005, is a well-known provider of health information services. The Firm provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. The WebMD Health Network includes: www.WebMD.com, its primary public portal for clients and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, the Company provides its branded health and wellness content, tools and services.

More notable recent WebMD Health Corp. (NASDAQ:WBMD) news were published by: Prnewswire.com which released: “WebMD Health Corp. Announces Intention To Commence Tender Offer To Repurchase …” on November 14, 2016, also Prnewswire.com with their article: “WebMD to Present at the 2016 Wells Fargo Securities Technology, Media …” published on November 07, 2016, Prnewswire.com published: “Seth Rogen and Lauren Miller Rogen; Ed Damiano, PhD; Betty Ferrell, RN, PhD …” on November 04, 2016. More interesting news about WebMD Health Corp. (NASDAQ:WBMD) were released by: Prnewswire.com and their article: “WebMD Increases Stock Repurchase Program” published on September 19, 2016 as well as Prnewswire.com‘s news article titled: “WebMD Health Corp. Announces Commencement Of Tender Offer To Repurchase Up To …” with publication date: November 16, 2016.

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By Ellis Scott


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