What’s in Ehealth Incorporated (NASDAQ:EHTH) After Decline in Shorted Shares?

January 18, 2018 - By Clifton Ray

 What’s in Ehealth Incorporated (NASDAQ:EHTH) After Decline in Shorted Shares?

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.65, from 1.63 in 2017Q2. It dived, as 9 investors sold eHealth, Inc. shares while 40 reduced holdings. 19 funds opened positions while 29 raised stakes. 16.61 million shares or 0.49% more from 16.53 million shares in 2017Q2 were reported.
Millennium Limited Liability Corp holds 0% or 124,411 shares in its portfolio. Royal Bank Of Canada holds 0% or 1,783 shares. Pinebridge Investments Lp holds 0% in eHealth, Inc. (NASDAQ:EHTH) or 2,024 shares. Wells Fargo Mn invested 0% of its portfolio in eHealth, Inc. (NASDAQ:EHTH). Redmile Group Inc Limited Liability Company reported 1.58% stake. Parkside Bancorp & Trust holds 17 shares. Orbimed Limited Co reported 1.83M shares or 0.42% of all its holdings. 171,271 were accumulated by Deutsche National Bank Ag. Financial Advantage Inc holds 687 shares. Credit Suisse Ag, Switzerland-based fund reported 12,940 shares. D E Shaw holds 155,614 shares. Ny State Teachers Retirement System has invested 0% in eHealth, Inc. (NASDAQ:EHTH). Ameriprise Financial owns 84,110 shares. Manufacturers Life The invested 0% of its portfolio in eHealth, Inc. (NASDAQ:EHTH). Price T Rowe Assoc Md reported 0% stake.

Since August 1, 2017, it had 0 buys, and 1 sale for $247,561 activity.

The stock of Ehealth Incorporated (NASDAQ:EHTH) registered a decrease of 10.4% in short interest. EHTH’s total short interest was 533,900 shares in January as published by FINRA. Its down 10.4% from 595,900 shares, reported previously. With 87,700 shares average volume, it will take short sellers 6 days to cover their EHTH’s short positions. The short interest to Ehealth Incorporated’s float is 4.28%.

The stock increased 5.89% or $1.03 during the last trading session, reaching $18.53. About 480,983 shares traded or 184.89% up from the average. eHealth, Inc. (NASDAQ:EHTH) has risen 26.30% since January 18, 2017 and is uptrending. It has outperformed by 9.60% the S&P500.

eHealth, Inc. provides private online health insurance services in the United States and China. The company has market cap of $345.07 million. The Company’s e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans. It currently has negative earnings. The firm offers medical health insurance coverage, including preferred well-known provider organization, health maintenance organization and indemnity plans, health savings account eligible health insurance plans, Medicare related health, and small business group insurance plans, as well as ancillary health insurance plans comprising short-term, dental, life, vision, and accident insurance plans.

eHealth, Inc. (NASDAQ:EHTH) Ratings Coverage

Among 8 analysts covering eHealth (NASDAQ:EHTH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. eHealth had 19 analyst reports since July 30, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating given on Monday, December 11 by Craig Hallum. The firm earned “Buy” rating on Thursday, July 30 by Stifel Nicolaus. The stock has “Hold” rating by Jefferies on Monday, October 30. The firm has “Buy” rating by Zacks given on Monday, August 10. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, July 26. Jefferies maintained the shares of EHTH in report on Friday, August 25 with “Hold” rating. The firm has “Neutral” rating by Bank of America given on Friday, July 31. Jefferies maintained the stock with “Hold” rating in Wednesday, February 24 report. On Friday, October 27 the stock rating was maintained by SunTrust with “Buy”.

More news for eHealth, Inc. (NASDAQ:EHTH) were recently published by: Nasdaq.com, which released: “eHealth (EHTH) Expects to Incur Net Loss in Q4, Shares Down” on January 17, 2018. Businesswire.com‘s article titled: “eHealth, Inc. Announces Acquisition of GoMedigap to Further Accelerate …” and published on January 16, 2018 is yet another important article.

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