Allscripts Healthcare Solutions June 15th Short Interest Update

Allscripts Healthcare Solutions (NASDAQ:MDRX) encountered a rise of 11% or 2,125,015 shares in the short positions. The number escalated from 19,391,311 on May 31,2016 to 21,516,326 on June 15,2016. The final interest is 11.7% of the floated stock. The days to cover figure of 11 can be arrived using the average daily exchange of 2,040,954 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Allscripts Healthcare Solutions (NASDAQ:MDRX): The stock opened at $12.20 on Friday but the bulls could not build on the opening and the stock topped out at $12.32 for the day. The stock traded down to $12.10 during the day, due to lack of any buying support eventually closed down at $12.29 with a loss of -2.69% for the day. The stock had closed at $12.63 on the previous day. The total traded volume was 4,629,585 shares.

The company shares have dropped -11.77% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $15.78 and the one year low was seen on Feb 19, 2016. The 50-Day Moving Average price is $13.08 and the 200 Day Moving Average price is recorded at $13.44.

Allscripts Healthcare Solutions (NASDAQ:MDRX) has tumbled 1.13% during the past week and has dropped 7.66% in the last 4 week period. The company has outperformed the S&P 500 by 0.51% in the past week but underperformed the index by 4.87% in the last 4 weeks.

Allscripts Healthcare Solutions, Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers and post-acute organizations, such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Companys solutions enable healthcare professionals with the data, insights, and connectivity. The Company offers Ambulatory Solutions, Acute Care Solutions, Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER, among others. The Companys acute care offers clinical, access, financial, and departmental solutions. The Company designs its population health management solutions for hospitals, health systems, among others.

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