Nutex Health Inc. (NASDAQ:NUTX) Short Interest Update

Nutex Health Inc. (NASDAQ:NUTXGet Free Report) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 178,800 shares, a drop of 82.6% from the March 31st total of 1,030,000 shares. Based on an average daily volume of 275,800 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

Nutex Health Stock Performance

Shares of NUTX stock traded down $0.02 during trading hours on Thursday, hitting $0.65. 183,296 shares of the company were exchanged, compared to its average volume of 240,932. The firm has a fifty day simple moving average of $1.37 and a 200 day simple moving average of $2.36. The company has a current ratio of 1.56, a quick ratio of 1.50 and a debt-to-equity ratio of 3.04. Nutex Health has a 52-week low of $0.50 and a 52-week high of $9.30. The stock has a market capitalization of $32.46 million, a price-to-earnings ratio of -0.54 and a beta of 0.44.

Nutex Health (NASDAQ:NUTXGet Free Report) last issued its quarterly earnings results on Thursday, March 28th. The company reported ($0.75) earnings per share (EPS) for the quarter. Nutex Health had a negative return on equity of 45.58% and a negative net margin of 18.49%. The company had revenue of $69.67 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Benchmark decreased their price target on shares of Nutex Health from $22.50 to $15.00 and set a “buy” rating for the company in a research note on Thursday, January 25th.

View Our Latest Analysis on NUTX

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Scissortail Wealth Management LLC purchased a new position in Nutex Health in the 3rd quarter valued at approximately $214,000. One Plus One Wealth Management LLC boosted its holdings in Nutex Health by 2,017.5% in the 1st quarter. One Plus One Wealth Management LLC now owns 5,293,720 shares of the company’s stock valued at $508,000 after purchasing an additional 5,043,720 shares during the period. Beaird Harris Wealth Management LLC boosted its holdings in Nutex Health by 210.0% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 930,282 shares of the company’s stock valued at $167,000 after purchasing an additional 630,168 shares during the period. Truist Financial Corp boosted its holdings in Nutex Health by 86.0% in the 4th quarter. Truist Financial Corp now owns 4,367,317 shares of the company’s stock valued at $786,000 after purchasing an additional 2,018,966 shares during the period. Finally, GDS Wealth Management boosted its holdings in Nutex Health by 98.2% in the 4th quarter. GDS Wealth Management now owns 1,110,051 shares of the company’s stock valued at $200,000 after purchasing an additional 550,026 shares during the period. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

About Nutex Health

(Get Free Report)

Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.

Further Reading

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