Short Interest in Rennova Health, Inc. (RNVA) Expands By 26.1%
Rennova Health, Inc. (NASDAQ:RNVA) saw a large growth in short interest in July. As of July 31st, there was short interest totalling 1,285,055 shares, a growth of 26.1% from the July 14th total of 1,018,924 shares. Currently, 9.4% of the shares of the company are sold short. Based on an average daily volume of 831,797 shares, the short-interest ratio is currently 1.5 days.
An institutional investor recently bought a new position in Rennova Health stock. Virtu KCG Holdings LLC acquired a new stake in shares of Rennova Health, Inc. (NASDAQ:RNVA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 385,233 shares of the company’s stock, valued at approximately $143,000. Virtu KCG Holdings LLC owned approximately 5.42% of Rennova Health at the end of the most recent reporting period. Institutional investors and hedge funds own 1.09% of the company’s stock.
Shares of Rennova Health (NASDAQ:RNVA) opened at 0.307 on Friday. Rennova Health has a 1-year low of $0.05 and a 1-year high of $3.60. The firm’s market capitalization is $2.18 million. The company has a 50-day moving average of $0.35 and a 200-day moving average of $0.79.
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Rennova Health Company Profile
Rennova Health, Inc (Rennova), formerly CollabRx, Inc, is a provider of diagnostics and supportive software solutions to healthcare providers. The Company operates in three segments: clinical laboratory operations, supportive software solutions, and decision support and informatics operations. The Company is a healthcare enterprise that delivers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management and intends to provide financial services, to medical providers.
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