It Seems Nanthealth Incorporated (NASDAQ:NH) Will Go Up. Just Reported Less Shorted Shares

July 18, 2017 - By Clifton Ray

 It Seems Nanthealth Incorporated (NASDAQ:NH) Will Go Up. Just Reported Less Shorted Shares

The stock of Nanthealth Incorporated (NASDAQ:NH) registered a decrease of 10.84% in short interest. NH’s total short interest was 2.46 million shares in July as published by FINRA. Its down 10.84% from 2.76 million shares, reported previously. With 164,800 shares average volume, it will take short sellers 15 days to cover their NH’s short positions. The short interest to Nanthealth Incorporated’s float is 7.41%.

The stock increased 0.47% or $0.02 during the last trading session, reaching $4.27. About shares traded. NantHealth Inc (NASDAQ:NH) has 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

NantHealth, Inc. is a healthcare cloud information technology company. The company has market cap of $514.68 million. The Firm is engaged in converging science and technology through a single integrated clinical platform, to provide actionable health information at the point of care. It currently has negative earnings. The Firm offers the Genomic Proteomic Spectrometry (GPS) Cancer test, a molecular test and decision support solution that measures the proteins present in the patient’s tumor tissue, combined with whole genomic and transcriptomic sequencing of tumor and normal samples.

NantHealth Inc (NASDAQ:NH) Ratings Coverage

Among 5 analysts covering Nant Health (NASDAQ:NH), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nant Health had 5 analyst reports since June 27, 2016 according to SRatingsIntel. The stock of NantHealth Inc (NASDAQ:NH) has “Outperform” rating given on Monday, June 27 by Cowen & Co. The stock of NantHealth Inc (NASDAQ:NH) has “Buy” rating given on Monday, June 27 by Canaccord Genuity. The firm earned “Outperform” rating on Monday, June 27 by FBR Capital. First Analysis initiated the shares of NH in report on Monday, June 27 with “Overweight” rating. As per Monday, June 27, the company rating was initiated by Jefferies.

More important recent NantHealth Inc (NASDAQ:NH) news were published by: Labusinessjournal.com which released: “Patrick Soon-Shiong Pulls Out of Phoenix Biomedical Complex Plan” on June 22, 2017, also Labusinessjournal.com published article titled: “NantHealth President Robert Watson Steps Down”, Latimes.com published: “LA billionaire cancer doctor Patrick Soon-Shiong battles business turbulence” on July 05, 2017. More interesting news about NantHealth Inc (NASDAQ:NH) was released by: Latimes.com and their article: “Soon-Shiong biotech company’s stock plunges after report” with publication date: March 08, 2017.

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