Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Short Interest Update

by · The Markets Daily

Inspire Veterinary Partners, Inc. (NASDAQ:IVP – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 11,783,934 shares, an increase of 685.3% from the December 31st total of 1,500,598 shares. Approximately 30.3% of the shares of the company are sold short. Based on an average trading volume of 315,015,402 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 315,015,402 shares, the days-to-cover ratio is presently 0.0 days. Approximately 30.3% of the shares of the company are sold short.

Inspire Veterinary Partners Price Performance

Shares of Inspire Veterinary Partners stock traded down $0.01 during trading hours on Thursday, reaching $0.03. 56,789,111 shares of the company’s stock were exchanged, compared to its average volume of 55,687,628. Inspire Veterinary Partners has a 1 year low of $0.02 and a 1 year high of $4.12. The company has a market capitalization of $1.28 million, a P/E ratio of -0.01 and a beta of -0.49. The company has a quick ratio of 0.34, a current ratio of 0.39 and a debt-to-equity ratio of 1.98. The business has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.58.

Inspire Veterinary Partners (NASDAQ:IVP – Get Free Report) last released its earnings results on Wednesday, November 12th. The company reported ($0.41) earnings per share for the quarter. Inspire Veterinary Partners had a negative return on equity of 520.34% and a negative net margin of 76.75%.The business had revenue of $4.32 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Inspire Veterinary Partners in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Inspire Veterinary Partners has a consensus rating of “Sell”.

View Our Latest Analysis on IVP

Inspire Veterinary Partners Company Profile

(Get Free Report)

Inspire Veterinary Partners is a veterinary services company that acquires and operates a network of affiliated veterinary hospitals across the United States. The company offers a comprehensive range of small animal care services including routine wellness exams, preventive care, surgical procedures, dental care, diagnostic imaging and laboratory testing. By partnering with local practice owners, Inspire Veterinary Partners seeks to maintain the clinical autonomy and culture of each hospital while providing centralized support in areas such as human resources, purchasing, marketing and technology.

Founded in 2021 and headquartered in Bethesda, Maryland, Inspire Veterinary Partners entered the public markets through a business combination in mid-2023.

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