Today’s Short Interest: What’s Propelling Anthem Incorporated (NYSE:ANTM) After Lower Shorts Reported?

November 24, 2016 - By Vivian Park   ·   0 Comments

Today's Short Interest: What’s Propelling Anthem Incorporated (NYSE:ANTM) After Lower Shorts Reported?

The stock of Anthem Incorporated (NYSE:ANTM) registered a decrease of 2.35% in short interest. ANTM’s total short interest was 8.15M shares in November as published by FINRA. Its down 2.35% from 8.34 million shares, reported previously. With 1.52 million shares average volume, it will take short sellers 5 days to cover their ANTM’s short positions. The short interest to Anthem Incorporated’s float is 3.1%. The stock increased 1.58% or $2.23 on November 23, hitting $143.62. Anthem Inc (NYSE:ANTM) has declined 2.64% since April 22, 2016 and is downtrending. It has underperformed by 8.05% the S&P500.

Anthem, Inc. is a health benefit company. The company has a market cap of $38.45 billion. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. It has a 16.86 P/E ratio. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other.

Anthem Inc (NYSE:ANTM) Ratings Coverage

Out of 15 analysts covering Anthem Inc (NYSE:ANTM), 7 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 47% are positive. Anthem Inc has been the topic of 23 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The company was initiated on Thursday, June 16 by Bernstein. The stock of Anthem Inc (NYSE:ANTM) has “Neutral” rating given on Monday, October 17 by JP Morgan. The firm has “Outperform” rating by Wells Fargo given on Tuesday, November 15. The stock has “Outperform” rating given by Oppenheimer on Thursday, July 30. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, October 29. As per Tuesday, May 24, the company rating was downgraded by Sterne Agee CRT. As per Thursday, July 30, the company rating was maintained by RBC Capital Markets. The stock of Anthem Inc (NYSE:ANTM) has “Outperform” rating given on Thursday, October 29 by Oppenheimer. Jefferies maintained the shares of ANTM in a report on Friday, January 8 with “Buy” rating. As per Thursday, January 28, the company rating was maintained by RBC Capital Markets.

ANTM Company Profile

Anthem, Inc., incorporated on July 17, 2001, is a health benefit company. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business divisions offer managed care products, including preferred well-known provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, well-known provider network access, medical cost management, disease management, wellness programs and other administrative services. The Firm provides an array of specialty and other insurance services and products, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal healthcare. The Firm also provides services to the federal government in connection with the Federal Employee Program (FEP).

More recent Anthem Inc (NYSE:ANTM) news were published by: Bloomberg.com which released: “Anthem Threatens Obamacare Retreat If Results Don’t Improve” on November 02, 2016. Also Reuters.com published the news titled: “Anthem argues Fortune 500 will not suffer from Cigna deal” on November 21, 2016. Wsj.com‘s news article titled: “Cigna CEO David Cordani Takes Stand in Anthem-Cigna Antitrust Trial” with publication date: November 22, 2016 was also an interesting one.

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By Vivian Park

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