Connecture Inc. Cmn shares had a trading volume of 3,665 by the end of trading on Tuesday. Trading volume was down 98.61% under the stocks average daily volume.
Investors are feeling more bearish on the company looking at the rise in short interest. The company experienced a rise in short interest of 34.71% between September 29, 2017 and October 13, 2017. Short shares increased 31,238 over that period. The days to cover decreased to 2.0 and the percentage of shorted shares was 0.01% on October 13.
These funds have shifted positions in (CNXR). Lenox Wealth Management, Inc. trimmed its holdings by selling 198 shares a decrease of 0.5% as of 06/30/2017. Lenox Wealth Management, Inc. now holds 35,888 shares worth $22,000. The value of the position overall is down by 43.6%. As of quarter end Spark Investment Management LLC had sold 43,299 shares trimming its holdings by 53.7%. The value in dollars went from $86,000 to $23,000 a change of $63,000 quarter to quarter.
Ubs Group Ag augmented its investment by buying 33,745 shares an increase of 823.0%. Ubs Group Ag now controls 37,845 shares valued at $23,000. The total value of its holdings increased 475.0%. As of the end of the quarter Raymond James Financial Services Advisors, Inc. had acquired a total of 2,000 shares growing its position 13.3%. The value of the investment in CNXR increased from $9,000 to $11,000 increasing 22.2% quarter over quarter.
The company is now down by 18.64% since yesterday’s close of 0.295. The P/E ratio is N/A and market capitalization is 5.49M. As of the last earnings report the EPS was $-0.80 with 23.02M shares currently outstanding.
Connecture, Inc., launched on July 30, 1999, provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. The Company operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange. The Enterprise/Commercial segment offers the Business’s insurance distribution solutions to health plans. The Enterprise/State segment offers the Business’s sales automation solutions to state Governments, which allow its state Government customers to offer customized individual and small group exchanges. The Medicare segment offers Web-based Medicare plan comparison, prescription drug comparison and enrollment tools for health plans, pharmacy benefit managers, pharmacies, field marketing organizations and call centers. The Private Exchange segment offers defined-contribution benefit exchange solutions to benefit consultants, brokers, exchange operators and aggregators..