Short Interest Update on Computer Programs and Systems (CPSI)

Computer Programs and Systems (CPSI) : The short interest in Computer Programs and Systems (CPSI) has changed with an increase of 83,807 shares and the open interest is 4.5%. From 1,860,702 short positions on Jul 29, 2016, the shorts increased to 1,944,509 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 551,519 shares. The total interest of shorts is 18.2% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Computer Programs and Systems (NASDAQ:CPSI): The stock opened at $25.81 on Wednesday but the bulls could not build on the opening and the stock topped out at $26.20 for the day. The stock traded down to $25.57 during the day, due to lack of any buying support eventually closed down at $25.69 with a loss of -0.70% for the day. The stock had closed at $25.87 on the previous day. The total traded volume was 151,206 shares.


In a related news,The officer (Senior VP – Client Services) of Computer Programs & Systems Inc, Hinckle Robert D sold 1,857 shares at $43.42 on May 25, 2016. The Insider selling transaction had a total value worth of $80,631. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Computer Programs and Systems, Inc. (CPSI) is a provider of healthcare information technology solutions for rural and community hospitals, with over 650 client hospitals in 46 states and the District of Columbia. The Company provides enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations throughout the United States. Additionally, CPSI provides other information technology solutions, including business management services, remote hosting, networking technologies and other related services. TruBridge, LLC is a wholly owned subsidiary of CPSI. TruBridge provides business management, consulting and managed information technology (IT) services specifically targeted at rural and community healthcare organizations.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.