Addus Homecare Corporation (NASDAQ:ADUS) Sellers Increased By 15.26% Their Shorts


The stock of Addus Homecare Corporation (NASDAQ:ADUS) registered an increase of 15.26% in short interest. ADUS’s total short interest was 336,900 shares in September as published by FINRA. Its up 15.26% from 292,300 shares, reported previously. With 76,000 shares average volume, it will take short sellers 4 days to cover their ADUS’s short positions. The short interest to Addus Homecare Corporation’s float is 4.77%. About 29,813 shares traded hands. Addus Homecare Corporation (NASDAQ:ADUS) has risen 17.84% since February 8, 2016 and is uptrending. It has outperformed by 1.35% the S&P500.

Addus HomeCare Corporation is a provider of home and community personal care services, which are provided primarily in the home, and is focused on the dual eligible population. The company has a market cap of $289.82 million. The Company’s services include non-medical care, such as personal care, home support services and adult day care. It has a 31.89 P/E ratio. The Firm provides these services on a long-term, continuous basis, with an average duration of over 20 months per consumer.

The institutional sentiment increased to 1.3 in Q2 2016. Its up 0.27, from 1.03 in 2016Q1. The ratio increased, as 16 funds sold all Addus Homecare Corporation shares owned while 14 reduced positions. 7 funds bought stakes while 32 increased positions. They now own 10.00 million shares or 3.59% less from 10.37 million shares in 2016Q1.

Perritt Capital Management Inc holds 1.26% of its portfolio in Addus Homecare Corporation for 275,300 shares. Cortina Asset Management Llc owns 733,974 shares or 0.58% of their US portfolio. Moreover, Walthausen & Co. Llc has 0.54% invested in the company for 298,770 shares. The Massachusetts-based North Tide Capital Llc has invested 0.34% in the stock. Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 147,474 shares.

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