HMS Holdings Corp (HMSY) has 2,394,211 shares of shorts outstanding as on August 15, 2016, with 2 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 2,476,831 shares. The stock has a decent trading volume of 986,522 shares daily. The marginal decrease in the short positions is by -3.3%, which amounts to -82,620 shares. Short positions are 2.9% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
HMS Holdings Corp (NASDAQ:HMSY): The stock opened at $22.04 on Wednesday but the bulls could not build on the opening and the stock topped out at $22.32 for the day. The stock traded down to $21.87 during the day, due to lack of any buying support eventually closed down at $21.89 with a loss of -1.00% for the day. The stock had closed at $22.11 on the previous day. The total traded volume was 529,285 shares.
In a related news, Lucia William C, director officer (Chairman, President and CEO) of Hms Holdings Corp, unloaded 152,025 shares at an average price of $17.79 on June 20, 2016. The total amount of the transaction was worth $2,704,525, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. The Companys customers are government health agencies, including Centers for Medicare & Medicaid Services (CMS), the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies, and other healthcare payers and sponsors. As of December 31, 2014, the Company also provided services to approximately 220 commercial customers and supported their multiple lines of business, including Medicaid managed care, Medicare Advantage and group and individual health.