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

Nutex Health Inc. (NASDAQ:NUTX) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,030,000 shares, a decrease of 29.9% from the March 15th total of 1,470,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. One Plus One Wealth Management LLC grew its stake in shares of Nutex Health by 2,017.5% in the first quarter. One Plus One Wealth Management LLC now owns 5,293,720 shares of the company’s stock worth $508,000 after purchasing an additional 5,043,720 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of Nutex Health by 210.0% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 930,282 shares of the company’s stock worth $167,000 after purchasing an additional 630,168 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of Nutex Health by 67.1% in the fourth quarter. GSA Capital Partners LLP now owns 507,362 shares of the company’s stock worth $91,000 after purchasing an additional 203,658 shares in the last quarter. GDS Wealth Management grew its stake in shares of Nutex Health by 98.2% in the fourth quarter. GDS Wealth Management now owns 1,110,051 shares of the company’s stock worth $200,000 after purchasing an additional 550,026 shares in the last quarter. Finally, Truist Financial Corp grew its stake in shares of Nutex Health by 86.0% in the fourth quarter. Truist Financial Corp now owns 4,367,317 shares of the company’s stock worth $786,000 after purchasing an additional 2,018,966 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Nutex Health Trading Down 11.2 %

Shares of NASDAQ:NUTX traded down $0.09 on Friday, hitting $0.67. The company’s stock had a trading volume of 756,847 shares, compared to its average volume of 181,967. Nutex Health has a 12 month low of $0.67 and a 12 month high of $12.34. The stock’s 50-day moving average is $1.55 and its two-hundred day moving average is $2.50. The company has a current ratio of 1.56, a quick ratio of 1.50 and a debt-to-equity ratio of 3.04.

About Nutex Health

Nutex Health Inc operates as a network of micro-hospitals. It operates through three segments: Hospital, Population Health Management, and Real Estate. The Hospital segment develops and operates a network of micro-hospitals, specialty hospitals and hospital outpatient departments which offers 24/7 care.