Could Addus Homecare Corporation (NASDAQ:ADUS) Change Direction After More Shorts?

April 17, 2018 - By Marie Mckinney

Investors sentiment decreased to 0.9 in 2017 Q4. Its down 0.22, from 1.12 in 2017Q3. It turned negative, as 11 investors sold Addus HomeCare Corporation shares while 30 reduced holdings. 9 funds opened positions while 28 raised stakes. 10.40 million shares or 0.93% less from 10.50 million shares in 2017Q3 were reported.
11,000 are held by Advisory Rech. 21,562 are owned by D E Shaw &. Oppenheimer owns 25,700 shares for 0.02% of their portfolio. Strs Ohio reported 19,600 shares. Gradient Invests Lc holds 0% or 55 shares. Thomson Horstmann Bryant has 145,678 shares. Systematic Mgmt L P reported 31,605 shares. 325,304 are held by Wellington Mngmt Grp Limited Liability Partnership. Manufacturers Life Insur Communications The stated it has 6,291 shares or 0% of all its holdings. Walthausen And Com Llc accumulated 212,161 shares or 0.7% of the stock. Renaissance Techs Limited Liability Com has invested 0% in Addus HomeCare Corporation (NASDAQ:ADUS). Tower Cap Lc (Trc) accumulated 430 shares or 0% of the stock. Savings Bank Of New York Mellon Corporation holds 0% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS) for 89,846 shares. 471 are held by Ameritas Prtn Inc. New York-based Eos Mgmt L P has invested 43.4% in Addus HomeCare Corporation (NASDAQ:ADUS).

Since January 17, 2018, it had 0 insider buys, and 10 sales for $283,104 activity. Anderson Darby had sold 883 shares worth $38,190. BICKHAM W BRADLEY sold 822 shares worth $30,743. The insider ALLISON R DIRK sold 749 shares worth $29,099. 1,240 Addus HomeCare Corporation (NASDAQ:ADUS) shares with value of $42,234 were sold by POFF BRIAN.

The stock of Addus Homecare Corporation (NASDAQ:ADUS) registered an increase of 11.19% in short interest. ADUS’s total short interest was 113,300 shares in April as published by FINRA. Its up 11.19% from 101,900 shares, reported previously. With 86,400 shares average volume, it will take short sellers 1 days to cover their ADUS’s short positions. The short interest to Addus Homecare Corporation’s float is 1.56%.

The stock increased 1.86% or $1 during the last trading session, reaching $54.75. About 1,070 shares traded. Addus HomeCare Corporation (NASDAQ:ADUS) has risen 50.00% since April 17, 2017 and is uptrending. It has outperformed by 38.45% the S&P500.

Addus HomeCare Corporation provides personal care services to older adults and younger disabled persons in the United States. The company has market cap of $629.03 million. The companyÂ’s personal care services offer adult day care and assistance with activities of daily living. It has a 46.68 P/E ratio. The Company’s services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.

Addus HomeCare Corporation (NASDAQ:ADUS) Ratings Coverage

Among 2 analysts covering Addus Homecare Corp (NASDAQ:ADUS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Addus Homecare Corp has $5600 highest and $40.0 lowest target. $49.50’s average target is -9.59% below currents $54.75 stock price. Addus Homecare Corp had 3 analyst reports since November 5, 2017 according to SRatingsIntel. The stock has “Buy” rating by Stephens on Monday, April 2. Robert W. Baird maintained the stock with “Hold” rating in Sunday, November 5 report. Robert W. Baird maintained Addus HomeCare Corporation (NASDAQ:ADUS) rating on Tuesday, March 13. Robert W. Baird has “Hold” rating and $43.0 target.

Addus HomeCare Corporation (NASDAQ:ADUS) Institutional Positions Chart

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