Short Interest Update on Universal Health Services (UHS)

Universal Health Services (UHS) : The bears are holding on to their shorts in Accenture Plc with 2 more days remaining for them to cover their positions. The bearish positions have increased from 1,263,348 on Jul 29, 2016, to 1,543,146, on August 15, 2016. Daily, 856,889 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 279,798 shares, which is an increase of just 22.1%. The total short interest of 1.8% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Universal Health Services (NYSE:UHS): The stock opened at $121.71 on Wednesday but the bulls could not build on the opening and the stock topped out at $122.05 for the day. The stock traded down to $120.01 during the day, due to lack of any buying support eventually closed down at $120.35 with a loss of -0.93% for the day. The stock had closed at $121.48 on the previous day. The total traded volume was 515,269 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Universal Health Services Inc, Osteen Debra K had sold 6,756 shares worth of $934,152 in a transaction dated June 9, 2016. In this transaction, 6,756 shares were sold at $138.27 per share.

Universal Health Services, Inc. is a holding company. The Company operates through its subsidiaries, which owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. The Companys segments include acute care hospital services, behavioral health care services and Other. The Companys ambulatory treatment centers division includes managing and/or owning or in partnerships with physicians, five surgical hospitals and surgery and radiation oncology centers located in four states. Its services include general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. It provides capital resources, as well as various management services to its facilities. The Companys subsidiary is UHS of Delaware, Inc.

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