Team Health Holdings (TMH) has 4,900,951 shares of shorts outstanding as on August 15, 2016, with 7 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 5,269,607 shares. The stock has a decent trading volume of 722,459 shares daily. The marginal decrease in the short positions is by -7%, which amounts to -368,656 shares. Short positions are 6.7% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Team Health Holdings (NYSE:TMH): The stock opened at $34.51 on Wednesday but the bulls could not build on the opening and the stock topped out at $34.83 for the day. The stock traded down to $33.97 during the day, due to lack of any buying support eventually closed down at $34.12 with a loss of -0.84% for the day. The stock had closed at $34.41 on the previous day. The total traded volume was 469,072 shares.
In a related news, The officer (Executive VP and CFO), of Team Health Holdings Inc., Jones David P. had unloaded 42,000 shares at $63.14 per share in a transaction on August 12, 2015. The total value of transaction was $2,651,880. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).