Cross Country Healthcare Short Interest Up 21.9% in August (CCRN)
Cross Country Healthcare (NASDAQ:CCRN) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 1,031,969 shares, an increase of 21.9% from the July 31st total of 846,330 shares, Analyst Ratings News reports. Approximately 3.5% of the company’s stock are sold short. Based on an average trading volume of 185,708 shares, the days-to-cover ratio is currently 5.6 days.
Separately, analysts at SunTrust raised their price target on shares of Cross Country Healthcare from $7.00 to $8.50 in a research note on Tuesday, August 19th.
Shares of Cross Country Healthcare (NASDAQ:CCRN) opened at 8.15 on Thursday. Cross Country Healthcare has a 52 week low of $5.26 and a 52 week high of $11.54. The stock’s 50-day moving average is $7.47 and its 200-day moving average is $7.37. The company’s market cap is $254.6 million.
Cross Country Healthcare (NASDAQ:CCRN) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. Analysts expect that Cross Country Healthcare will post $0.03 EPS for the current fiscal year.
Cross Country Healthcare, Inc (NASDAQ:CCRN) is engaged in the healthcare staffing services business offering a suite staffing and outsourcing services to the healthcare market.
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