What’s Next for Anthem Inc (NYSE:ANTM) After Having More Shares Shorted?

May 16, 2018 - By Marguerite Chambers

Anthem, Inc. (NYSE:ANTM) Logo

The stock of Anthem Inc (NYSE:ANTM) registered an increase of 4.95% in short interest. ANTM’s total short interest was 6.88M shares in May as published by FINRA. Its up 4.95% from 6.55 million shares, reported previously. With 2.01M shares average volume, it will take short sellers 3 days to cover their ANTM’s short positions. The short interest to Anthem Inc’s float is 2.68%.

The stock increased 0.69% or $1.59 during the last trading session, reaching $232.46. About 287,035 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since May 16, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Anthem, Inc., through its subsidiaries, operates as a health benefits firm in the United States. The company has market cap of $59.32 billion. It operates through three divisions: Commercial and Specialty Business, Government Business, and Other. It has a 14.91 P/E ratio. The firm offers a spectrum of network managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets.

Anthem, Inc. (NYSE:ANTM) Ratings Coverage

Among 16 analysts covering Anthem (NYSE:ANTM), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Anthem had 22 analyst reports since November 17, 2017 according to SRatingsIntel. On Thursday, February 1 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given on Wednesday, April 25 by Cantor Fitzgerald. J.P. Morgan upgraded the stock to “Buy” rating in Thursday, April 26 report. The stock of Anthem, Inc. (NYSE:ANTM) earned “Outperform” rating by Credit Suisse on Thursday, April 26. The rating was maintained by Wells Fargo with “Outperform” on Thursday, February 1. The firm has “Buy” rating given on Thursday, January 25 by Bernstein. Bank of America maintained the stock with “Buy” rating in Friday, November 17 report. Jefferies maintained it with “Buy” rating and $294.0 target in Wednesday, January 31 report. The firm has “Buy” rating by Cowen & Co given on Wednesday, January 31. RBC Capital Markets maintained the shares of ANTM in report on Wednesday, April 25 with “Buy” rating.

More notable recent Anthem, Inc. (NYSE:ANTM) news were published by: Seekingalpha.com which released: “Anthem Inc.: Good Investment In The Healthcare Industry” on May 16, 2018, also Streetinsider.com with their article: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” published on May 15, 2018, Streetinsider.com published: “Piper Favors Insurers (ANTM) (UNH) Over Hospitals After Annual Survey” on May 14, 2018. More interesting news about Anthem, Inc. (NYSE:ANTM) were released by: Seekingalpha.com and their article: “Anthem (ANTM) Q1 2018 Results – Earnings Call Transcript” published on April 25, 2018 as well as Streetinsider.com‘s news article titled: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” with publication date: May 15, 2018.

Anthem, Inc. (NYSE:ANTM) Ratings Chart

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