Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Short Interest Update

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 106,300 shares, an increase of 149.5% from the March 15th total of 42,600 shares. Based on an average daily trading volume, of 104,200 shares, the short-interest ratio is currently 1.0 days. Approximately 7.2% of the shares of the company are short sold.

Inspire Veterinary Partners Stock Performance

Shares of IVP stock traded down $0.06 during trading hours on Tuesday, reaching $1.40. 49,767 shares of the company’s stock were exchanged, compared to its average volume of 191,563. The business has a fifty day moving average price of $1.87 and a 200-day moving average price of $4.14. The stock has a market capitalization of $2.97 million, a P/E ratio of 0.00 and a beta of -1.86. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 3.60. Inspire Veterinary Partners has a fifty-two week low of $1.34 and a fifty-two week high of $401.50.

Inspire Veterinary Partners (NASDAQ:IVP) last posted its quarterly earnings data on Monday, March 31st. The company reported ($0.86) earnings per share (EPS) for the quarter. The firm had revenue of $3.32 million for the quarter.

Institutional Trading of Inspire Veterinary Partners

An institutional investor recently raised its position in Inspire Veterinary Partners stock. Geode Capital Management LLC grew its stake in Inspire Veterinary Partners, Inc. (NASDAQ:IVP) by 880.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 198,335 shares of the company’s stock after purchasing an additional 178,108 shares during the period. Geode Capital Management LLC owned approximately 15.26% of Inspire Veterinary Partners worth $38,000 as of its most recent filing with the Securities and Exchange Commission. 4.76% of the stock is owned by institutional investors.

Inspire Veterinary Partners Company Profile

Inspire Veterinary Partners, Inc owns and operates veterinary hospitals in the United States. The company specializes in small animal general practice hospitals, which serve companion pets, canine, and feline breeds, including equine care. Its hospitals provide preventive care for companion animals consisting of annual health exams and parasite control; dental health; nutrition and body condition counseling; neurological examinations; radiology; bloodwork; and skin and coat health, and other breed specific preventive care services.