Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Short Interest Down 14.8% in April

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 90,600 shares, a drop of 14.8% from the March 31st total of 106,300 shares. Based on an average daily volume of 90,400 shares, the short-interest ratio is currently 1.0 days. Approximately 6.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Inspire Veterinary Partners

An institutional investor recently raised its position in Inspire Veterinary Partners stock. Geode Capital Management LLC lifted its holdings in shares of 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 & Exchange Commission. The fund owned 198,335 shares of the company’s stock after purchasing an additional 178,108 shares during the quarter. Geode Capital Management LLC owned approximately 15.26% of Inspire Veterinary Partners worth $38,000 as of its most recent SEC filing. 4.76% of the stock is currently owned by institutional investors.

Inspire Veterinary Partners Stock Up 2.5 %

NASDAQ:IVP opened at $1.55 on Monday. The business’s fifty day moving average price is $1.69 and its 200 day moving average price is $3.60. The firm has a market capitalization of $3.29 million, a price-to-earnings ratio of 0.00 and a beta of -1.86. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 3.60. Inspire Veterinary Partners has a 1-year low of $1.26 and a 1-year high of $401.50.

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

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.