Short Interest Update on DaVita healthCare Partners (DVA)

DaVita healthCare Partners (DVA) : The short interest in DaVita healthCare Partners (DVA) has increased from 2,196,939 to 2,678,130 from Jul 29, 2016, to August 15, 2016, indicating that the traders are bearish on the stock. On an average, 1,694,335 shares are traded daily in the stock and only 2 days are left for the shorts to cover. The short open interest is 1.3% of the total shares in the hands of the public. The shorts in the stock have gone up by 481,191 shares, which is an increase of 21.9% over the previous reading. The short interest information was released on Wednesday Aug 24th after the market close.

DaVita healthCare Partners (NYSE:DVA): The stock opened at $65.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $65.75 for the day. The stock traded down to $64.46 during the day, due to lack of any buying support eventually closed down at $64.51 with a loss of -1.44% for the day. The stock had closed at $65.45 on the previous day. The total traded volume was 2,248,972 shares.


In a related news, The Securities and Exchange Commission has divulged that Staffieri Michael David, officer (COO, Kidney Care) of Davita Healthcare Partners Inc., had unloaded 20,262 shares at an average price of $73.09 in a transaction dated on August 9, 2016. The total value of the transaction was worth $1,480,950.

DaVita HealthCare Partners Inc. consists of two divisions, Kidney Care and HealthCare Partners (HCP). Kidney Care is a provider of dialysis services in the United States, treating patients with chronic kidney failure and end stage renal disease (ESRD). Kidney Care division develops innovative clinical care, offers integrated treatment plans, personalized care teams and health-management services. As of December 31, 2014, we provided dialysis and administrative services in the U.S. through a network of 2,179 outpatient dialysis centers in 46 states and the District of Columbia, serving a total of approximately 173,000 patients. HealthCare Partners division is a patient- and physician-focused integrated health care delivery and management company. HealthCare Partners manages and operates medical groups and affiliated physician networks in Arizona, California, Nevada, Florida and New Mexico. As of December 2014, HealthCare Partners had approximately 837,000 members under its care.

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