Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,137,212 shares, a decrease of 10.0% from the October 13th total of 3,486,276 shares. Based on an average daily trading volume, of 212,492 shares, the short-interest ratio is presently 14.8 days. Currently, 5.6% of the shares of the stock are short sold.

Separately, Zacks Investment Research cut shares of Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Nobilis Health Corp presently has an average rating of “Hold” and an average price target of $2.25.

A number of institutional investors have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. acquired a new stake in Nobilis Health Corp during the third quarter worth about $748,000. Russell Investments Group Ltd. increased its position in Nobilis Health Corp by 2,832.2% during the third quarter. Russell Investments Group Ltd. now owns 734,251 shares of the healthcare company’s stock worth $1,100,000 after purchasing an additional 709,210 shares during the last quarter. Sii Investments Inc. WI acquired a new stake in Nobilis Health Corp during the second quarter worth about $113,000. Goldman Sachs Group Inc. increased its position in Nobilis Health Corp by 404.8% during the second quarter. Goldman Sachs Group Inc. now owns 694,871 shares of the healthcare company’s stock worth $1,320,000 after purchasing an additional 557,230 shares during the last quarter. Finally, OxFORD Asset Management LLP acquired a new stake in Nobilis Health Corp during the second quarter worth about $145,000.

Shares of Nobilis Health Corp (NYSE HLTH) opened at $1.35 on Monday. Nobilis Health Corp has a 12-month low of $1.10 and a 12-month high of $3.05.

Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) last released its quarterly earnings data on Monday, November 6th. The healthcare company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The company had revenue of $64.70 million for the quarter, compared to analysts’ expectations of $78.29 million. During the same period in the prior year, the firm posted ($0.04) EPS. The company’s revenue was down 8.5% compared to the same quarter last year.

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About Nobilis Health Corp

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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