Iradimed Cp Cm Stk shares had a trading volume of 4,405 on Tuesday. Overall, volume was down 87.81% under the stocks normal daily volume.
Investors are more bullish on shares of the company of late if you pay attention to the decrease in short interest. The stock saw a fall in short interest of -1.61% as of October 13, 2017 from the last reporting period. Short shares decreased from 815,404 to 802,259 over that timeframe. Days to cover increased from 71.0 to 73.0 and the short interest percentage is 0.08% as of October 13.
These funds have shifted positions in (IRMD). Spark Investment Management LLC divested its stake by shedding 4,600 shares a decrease of 6.4%. Spark Investment Management LLC owns 66,900 shares worth $575,000. The total value of its holdings decreased 9.6%. As of quarter end Ubs Group Ag had bought a total of 1,288 shares growing its holdings by 926.6%. The value of the investment in Iradimed Cp Cm Stk increased from $1,000 to $12,000 increasing 1,100.0% for the reporting period.
As of the end of the quarter Ameriprise Financial Inc had acquired 113,190 shares growing its position 32.9%. The value in dollars went from $2,954,000 to $4,386,000 a change of 48.5% quarter to quarter. As of quarter end Granite Investment Partners, LLC had acquired a total of 8,010 shares growing its stake by 34.4%. The value of the investment in (IRMD) increased from $200,000 to $301,000 a change of $101,000 quarter over quarter.
Equity analyst Roth Capital released a research note on IRMD with an initial rating of “Buy”.
In the market the company is trading down by 1.11% percent from yesterday’s close. The company’s P/E ratio is 106.80 and the market cap of the company is 141.44M. As of the last earnings report the EPS was $0.13 with 10.56M shares outstanding.
IRADIMED CORPORATION (IRADIMED), launched on April 8, 2014, develops, manufactures, markets and distributes Magnetic Resonance Imaging (MRI) compatible products, and provides non-magnetic intravenous (IV) infusion pump systems. The Company operates through development, manufacture and sale of MRI compatible products and IV infusion pump systems for use by hospitals and acute care facilities during MRI procedures segment. The Business’s MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor, non-ferrous parts and other features in order to deliver anesthesia and other IV fluids during various MRI procedures. Each system consists of MRidium MRI compatible IV infusion pump, non-magnetic mobile stand and disposable IV tubing sets..