Acadia Healthcare Company (ACHC): Price Target and June Short Interest Disclosure

Acadia Healthcare Company (ACHC) : The consensus price target for Acadia Healthcare Company (ACHC) is $79.4 for the short term with a standard deviation of $11. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $100, however, the pessimist price target for the company is $65.

Acadia Healthcare Company (ACHC) has shown a rise of 35.2% or 2,490,362 shares in the short positions. The bets have increased to 9,566,704 shares on June 30,2016 from 7,076,342 shares on June 15,2016. With respect to the floated shares, the shorts are 14%. The days to cover are calculated to be 7, using the standard per day volume of 1,335,636 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Acadia Healthcare Company (NASDAQ:ACHC): On Thursdays trading session , Opening price of the stock was $57.28 with an intraday high of $57.28. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.91. However, the stock managed to close at $52.9, a loss of 6.26% for the day. On the previous day, the stock had closed at $56.43. The total traded volume of the day was 4,159,563 shares.

Acadia Healthcare Company, Inc. is a provider of behavioral healthcare services. The Company develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities. It operates in two segments: U.S. Facilities and U.K. Facilities. Its U.S. Facilities and services are classified into categories, which includes acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers; and outpatient community-based services. In the United Kingdom, it provides inpatient services through mental health hospitals and care homes. In addition to these services, it also operates a U.K. division to provide EAP to organizations. The Company operated approximately 78 behavioral healthcare facilities with over 5,800 beds in approximately 24 states, the United Kingdom and Puerto Rico.

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