Short traders are more bullish on Diversicare Healthca recently at least if you consider the change in short interest. The company had a fall in short interest from September 29, 2017 to October 13, 2017 of -54.96%. Short interest decreased from 5,766 to 2,597 over that period. The short-interest ratio decreased to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
A few notable investment firms have updated their holdings. Blackrock Inc. cut its stake by selling 1,375 shares a decrease of 65.7% in the quarter. Blackrock Inc. now holds 719 shares valued at $7,000. The total value of its holdings decreased 68.2%. As of the end of the quarter Osmium Partners, LLC had bought a total of 44,976 shares growing its position 7.5%. The value in dollars went from $6,250,000 to $5,966,000 a change of 4.5% quarter to quarter.
As of quarter end Tower Research Capital LLC (trc) had acquired 246 shares growing its stake by 98.8%. The value of the company’s investment in Diversicare Healthca increased from $3,000 to $5,000 increasing 66.7% for the reporting period. As of quarter end Woodmont Investment Counsel LLC had sold 500 shares trimming its holdings by 2.1%. The value of the investment in (DVCR) went from $224,000 to $271,000 a change of $47,000 since the last quarter.
The company is so far trading up from yesterday’s close of 10.01. Diversicare Healthca’s P/E ratio is 24.17 and the market cap of the company is 65.25M. As of the last earnings report the EPS was $0.42 with 6.46M shares presently outstanding.
Diversicare Healthcare Services, Inc., launched on January 31, 1994, provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Business’s services to patients and residents include skilled nursing, ancillary healthcare services and assisted living. In addition to the nursing, personal care and social services that are provided in long-term care centers, the Company offers a range of rehabilitative, nutritional, respiratory and other ancillary services. The Company operates in Alabama, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee and Texas..