Acadia Healthcare Company (NASDAQ:ACHC), According to the latest information the short interest in Acadia Healthcare Company, Inc. shot up by 16.7% or 1,012,491 shares. The final shorts are 10.3% of the total floated shares. The positions increased from 6,063,851 shares on May 31,2016 to 7,076,342 on June 15,2016. According to the per-day average trading of 560,496 shares, the days to cover are 13. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Acadia Healthcare Company (NASDAQ:ACHC): The stock opened at $58.69 on Friday but the bulls could not build on the opening and the stock topped out at $59.12 for the day. The stock traded down to $54.33 during the day, due to lack of any buying support eventually closed down at $55.42 with a loss of -11.24% for the day. The stock had closed at $62.44 on the previous day. The total traded volume was 4,520,876 shares.
The company shares have dropped -26.60% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $85.62 and the one year low was seen on Mar 17, 2016. The 50-Day Moving Average price is $58.86 and the 200 Day Moving Average price is recorded at $58.57.
Acadia Healthcare Company (NASDAQ:ACHC) has tumbled 2.48% during the past week and has dropped 4.56% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.86%. Acadia Healthcare Company (NASDAQ:ACHC) has underperformed the index by 1.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Acadia Healthcare Company, Inc. is a provider of behavioral healthcare services. The Company develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities. It operates in two segments: U.S. Facilities and U.K. Facilities. Its U.S. Facilities and services are classified into categories, which includes acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers; and outpatient community-based services. In the United Kingdom, it provides inpatient services through mental health hospitals and care homes. In addition to these services, it also operates a U.K. division to provide EAP to organizations. The Company operated approximately 78 behavioral healthcare facilities with over 5,800 beds in approximately 24 states, the United Kingdom and Puerto Rico.