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LDR Holding Corp (NASDAQ:LDRH) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 731,231 shares, an increase of 43.2% from the June 30th total of 510,496 shares, American Banking News reports. Approximately 6.9% of the company’s shares are short sold. Based on an average daily volume of 97,152 shares, the days-to-cover ratio is currently 7.5 days.

Separately, analysts at RBC Capital initiated coverage on shares of LDR Holding Corp in a research note on Monday, June 23rd. They set an “outperform” rating and a $34.00 price target on the stock. Four analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of $33.75.

LDR Holding Corp (NASDAQ:LDRH) opened at 22.62 on Wednesday. LDR Holding Corp has a 1-year low of $17.79 and a 1-year high of $40.39. The stock’s 50-day moving average is $24.25 and its 200-day moving average is $26.89. The company’s market cap is $576.1 million.

LDR Holding Corp (NASDAQ:LDRH) last announced its earnings results on Wednesday, May 7th. The company reported ($0.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.17) by $0.02. The company had revenue of $31.07 million for the quarter, compared to the consensus estimate of $30.13 million. LDR Holding Corp’s revenue was up 20.2% compared to the same quarter last year. On average, analysts predict that LDR Holding Corp will post $-0.51 earnings per share for the current fiscal year.

LDR Holding Corporation is a global medical device company focused on designing and commercializing novel and surgical technologies for the treatment of patients suffering from spine disorders.

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