Short Interest Update on Amedisys Inc (AMED)

Amedisys Inc (AMED) : Traders are getting increasingly bearish on Amedisys Inc (AMED), as can be seen in the addition of short positions from 1,022,649 on Jul 29, 2016, to 1,242,259 on August 15, 2016. The net change in shorts is 219,610 shares, an increase of 21.5%. 2 days remain before the expiry. The 3.8% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 562,716. The short interest information was released on Wednesday Aug 24th after the market close.

Amedisys Inc (NASDAQ:AMED): The stock opened at $47.92 on Wednesday but the bulls could not build on the opening and the stock topped out at $47.92 for the day. The stock traded down to $46.37 during the day, due to lack of any buying support eventually closed down at $46.47 with a loss of -2.82% for the day. The stock had closed at $47.82 on the previous day. The total traded volume was 218,314 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Amedisys Inc, Perkins Bruce D, had purchased 1,000 shares in a transaction dated on May 13, 2016. The transaction was executed at $50.21 per share with total amount equaling $50,210.

Amedisys, Inc. (Amedisys) is a health care at home company. Amedisys delivers home health and hospice care to more than 360,000 patients each year. The Company has care network across 34 states. As of December 31, 2014, it owned and operated 316 Medicare-certified home health care centers and 80 Medicare-certified hospice care centers. The Company operates through two segments: home health and hospice. The Companys home health segment delivers a range of services in the homes of individuals who may be recovering from surgery, have a chronic disability or terminal illness or need assistance with the essential activities of daily living. The Companys hospice segment provides palliative care and comfort to terminally ill patients and their families.

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