CRH Medical Corp (NYSEAMERICAN:CRHM) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,389,965 shares, a growth of 2.0% from the February 15th total of 1,363,175 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily volume of 71,141 shares, the days-to-cover ratio is currently 19.5 days.
CRH Medical (CRHM) opened at $3.00 on Monday. The stock has a market cap of $229.48, a P/E ratio of 33.33 and a beta of 1.14. CRH Medical has a one year low of $1.46 and a one year high of $9.25.
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ramsey Quantitative Systems purchased a new position in CRH Medical during the fourth quarter worth approximately $128,000. Vanguard Group Inc. purchased a new position in CRH Medical during the second quarter worth approximately $150,000. TD Asset Management Inc. raised its stake in CRH Medical by 65.3% during the third quarter. TD Asset Management Inc. now owns 111,054 shares of the company’s stock worth $289,000 after purchasing an additional 43,851 shares during the period. Baird Financial Group Inc. purchased a new position in CRH Medical during the fourth quarter worth approximately $301,000. Finally, JPMorgan Chase & Co. raised its stake in CRH Medical by 69.1% during the third quarter. JPMorgan Chase & Co. now owns 410,100 shares of the company’s stock worth $964,000 after purchasing an additional 167,600 shares during the period.
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CRH Medical Company Profile
CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.
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