Today’s Stock On Watch: After Reaching Milestone, Is Addus Homecare Corporation (NASDAQ:ADUS)’s Short Interest Revealing Something?

November 23, 2016 - By Louis Casey   ·   0 Comments

Today's Stock On Watch: After Reaching Milestone, Is Addus Homecare Corporation (NASDAQ:ADUS)’s Short Interest Revealing Something?

The stock of Addus Homecare Corporation (NASDAQ:ADUS) registered an increase of 36.9% in short interest. ADUS’s total short interest was 569,100 shares in November as published by FINRA. Its up 36.9% from 415,700 shares, reported previously. With 30,100 shares average volume, it will take short sellers 19 days to cover their ADUS’s short positions. The short interest to Addus Homecare Corporation’s float is 8.06%. About 25,851 shares traded hands. Addus Homecare Corporation (NASDAQ:ADUS) has risen 62.80% since April 21, 2016 and is uptrending. It has outperformed by 57.47% the S&P500.

Addus HomeCare Corporation is a provider of home and community personal care services, which are provided primarily in the home, and is focused on the dual eligible population. The company has a market cap of $381.78 million. The Company’s services include non-medical care, such as personal care, home support services and adult day care. It has a 50.79 P/E ratio. The Firm provides these services on a long-term, continuous basis, with an average duration of over 20 months per consumer.

Insitutional Activity: The institutional sentiment increased to 2.1 in Q2 2016. Its up 0.80, from 1.3 in 2016Q1. The ratio increased, as 16 funds sold all Addus Homecare Corporation shares owned while 14 reduced positions. 7 funds bought stakes while 32 increased positions. They now own 10.00 million shares or 3.59% less from 10.37 million shares in 2016Q1.
Thomson Horstmann & Bryant accumulated 0.33% or 147,474 shares. Northern Trust Corporation owns 119,257 shares or 0% of their US portfolio. Blackrock Institutional Trust Na accumulated 123,884 shares or 0% of the stock. Blackrock Ltd Liability Corp accumulated 3,706 shares or 0% of the stock. Morgan Stanley last reported 0% of its portfolio in the stock. Barclays Public Ltd last reported 1,019 shares in the company. Springbok Cap Management Limited Liability Co accumulated 2,500 shares or 0.01% of the stock. The Massachusetts-based Panagora Asset Mngmt has invested 0% in Addus Homecare Corporation (NASDAQ:ADUS). Schwab Charles Invest Mngmt, a California-based fund reported 12,500 shares. Comerica State Bank holds 0.02% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS) for 108,442 shares. California State Teachers Retirement Systems has 0% invested in the company for 15,503 shares. New York State Common Retirement Fund holds 0% or 6,400 shares in its portfolio. Jpmorgan Chase holds 0% or 106,492 shares in its portfolio. Geode Capital Mgmt Llc has invested 0% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS). Walthausen And Limited Liability Com holds 0.54% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS) for 298,770 shares.

ADUS Company Profile

Addus HomeCare Corporation, incorporated on July 27, 2006, is a well-known provider of home and community personal care services, which are provided primarily in the home, and is focused on the dual eligible (Medicare/Medicaid) population. The Firm provides home- and community services to over 32,000 clients through approximately 120 locations across over 20 states of the United States, including five adult day centers in Illinois. The Company’s services include non-medical care, such as personal care, home support services and adult day care. The Firm provides these services on a long-term, continuous basis, with an average duration of over 20 months per consumer. The Company’s adult day centers provide a program of skilled and support services and designated medical services for adults in a community group setting.

More notable recent Addus Homecare Corporation (NASDAQ:ADUS) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 21, 2009, also Prnewswire.com with their article: “Addus HomeCare Announces Third-Quarter 2016 Results” published on November 07, 2016, Prnewswire.com published: “Addus HomeCare Names Susan T. Weaver, M.D. And Darin J. Gordon To Board Of …” on October 19, 2016. More interesting news about Addus Homecare Corporation (NASDAQ:ADUS) were released by: Prnewswire.com and their article: “Addus HomeCare Completes Acquisition Of South Shore Home Health Services In …” published on February 08, 2016 as well as Prnewswire.com‘s news article titled: “Addus HomeCare Names Dirk Allison As New President And Chief Executive Officer …” with publication date: January 18, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Louis Casey


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>