Could Adcare Health Systems Incorporated (NYSEMKT:ADK) Go Up After Its Newest Short Interest Report?

June 20, 2017 - By Kurt Siggers

 Could Adcare Health Systems Incorporated (NYSEMKT:ADK) Go Up After Its Newest Short Interest Report?

The stock of Adcare Health Systems Incorporated (NYSEMKT:ADK) registered an increase of 0.55% in short interest. ADK’s total short interest was 419,900 shares in June as published by FINRA. Its up 0.55% from 417,600 shares, reported previously. With 34,700 shares average volume, it will take short sellers 12 days to cover their ADK’s short positions. The short interest to Adcare Health Systems Incorporated’s float is 2.55%.

It is 0.00% or $0 reaching $0.97 per share. It is down 44.00% since June 20, 2016 and is downtrending. It has underperformed by 60.70% the S&P500.

AdCare Health Systems, Inc., through its subsidiaries, is a self-managed real estate investment firm that invests in real estate purposed for long-term care and senior living. The company has market cap of $19.03 million. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities. It currently has negative earnings. The Firm owns, leases, or manages for third parties approximately 40 facilities mainly in the Southeast.

More notable recent AdCare Health Systems, Inc. (NYSEMKT:ADK) news were published by: Seekingalpha.com which released: “AdCare Health Systems’ (ADK) CEO Bill McBride on Q3 2016 Results – Earnings …” on November 15, 2016, also Seekingalpha.com with their article: “AdCare Health Systems’ (ADK) CEO Bill McBride on Q4 2016 Results – Earnings …” published on March 24, 2017, Reuters.com published: “BRIEF-Adcare Health Systems Inc files for non timely 10-K” on April 03, 2017. More interesting news about AdCare Health Systems, Inc. (NYSEMKT:ADK) were released by: Seekingalpha.com and their article: “AdCare Health Systems’ (ADK) CEO Bill McBride on Q2 2016 Results – Earnings …” published on August 15, 2016 as well as Seekingalpha.com‘s news article titled: “Echo Lake Letter To AdCare” with publication date: March 25, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.