December 1, 2016 - By Pete Kolinski · 0 Comments
The stock of Digirad Corporation (NASDAQ:DRAD) registered a decrease of 43.47% in short interest. DRAD’s total short interest was 37,200 shares in December as published by FINRA. Its down 43.47% from 65,800 shares, reported previously. With 60,600 shares average volume, it will take short sellers 1 days to cover their DRAD’s short positions. The short interest to Digirad Corporation’s float is 0.22%. The stock last traded at $4.65 per share. It is down 17.99% since April 28, 2016 and is downtrending. It has underperformed by 23.91% the S&P500.
Digirad Corporation is a provider of diagnostic solutions. The company has a market cap of $91.51 million. The Company’s business is organized into two divisions: Diagnostic Services and Diagnostic Imaging. It has a 7.14 P/E ratio. The Firm provides in-office nuclear cardiology and ultrasound imaging services.
Insitutional Activity: The institutional sentiment increased to 1.42 in Q2 2016. Its up 0.07, from 1.35 in 2016Q1. The ratio is positive, as 5 funds sold all Digirad Corporation shares owned while 15 reduced positions. 11 funds bought stakes while 16 increased positions. They now own 10.84 million shares or 2.53% less from 11.12 million shares in 2016Q1.
Wealthtrust last reported 0% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) owns 8,800 shares or 0% of their US portfolio. Perkins Management accumulated 125,500 shares or 0.74% of the stock. Blackrock Japan Limited owns 1,241 shares or 0% of their US portfolio. California Employees Retirement System accumulated 77,300 shares or 0% of the stock. Art Advisors accumulated 12,641 shares or 0% of the stock. Blackrock Investment Management Limited Liability Com has invested 0% of its portfolio in Digirad Corporation (NASDAQ:DRAD). Ancora holds 0.19% of its portfolio in Digirad Corporation (NASDAQ:DRAD) for 311,342 shares. Jpmorgan Chase And accumulated 19,340 shares or 0% of the stock. Tower Rech Cap Ltd Llc (Trc) has 0% invested in the company for 100 shares. Blackrock Fund Advsrs last reported 0% of its portfolio in the stock. Comml Bank Of Ny Mellon has invested 0% of its portfolio in Digirad Corporation (NASDAQ:DRAD). Albion Gp Ut has invested 0.01% of its portfolio in Digirad Corporation (NASDAQ:DRAD). Krensavage Asset Management Limited Co has 0.89% invested in the company for 481,218 shares. Nationwide Fund Advsr holds 0% or 1,500 shares in its portfolio.
Insider Transactions: Since June 2, 2016, the stock had 7 buys, and 2 sales for $81,987 net activity. Eberwein Jeffrey E. bought $28,145 worth of stock or 5,625 shares. Lott Virgil had sold 23,333 shares worth $122,498. $83,541 worth of Digirad Corporation (NASDAQ:DRAD) was sold by Molchan Matthew G.. Keyes Jeffry R. had bought 2,000 shares worth $8,450 on Thursday, November 3.
Digirad Corporation, incorporated on January 2, 1997, is a well-known provider of diagnostic solutions. The Company’s business is organized into two divisions: Diagnostic Services and Diagnostic Imaging. The Firm provides in-office nuclear cardiology and ultrasound imaging services. The Firm also provides cardiac event monitoring services to physician practices, hospitals and imaging centers through its Diagnostic Services business segment. The Firm sells solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications, as well as provides service on the products it sells through its Diagnostic Imaging business segment.
More notable recent Digirad Corporation (NASDAQ:DRAD) news were published by: Marketwatch.com which released: “Digirad Corp. NASDAQ: DRAD” on December 21, 2009, also Globenewswire.com with their article: “Digirad Corporation Announces Agreement to Acquire DMS Health Technologies for …” published on October 14, 2015, Nasdaq.com published: “Digirad Corporation (DRAD) Ex-Dividend Date Scheduled for November 15, 2016” on November 14, 2016. More interesting news about Digirad Corporation (NASDAQ:DRAD) were released by: Globenewswire.com and their article: “Digirad Corporation to Present at the 9th Annual LD Micro Main Event” published on November 18, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Digirad corporation reports financial results for the third quarter” with publication date: October 28, 2016.
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By Pete Kolinski