Viemed Healthcare, Inc. (NASDAQ:VMD) Shares Sold by Nantahala Capital Management LLC

Nantahala Capital Management LLC trimmed its holdings in Viemed Healthcare, Inc. (NASDAQ:VMD) by 7.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,435,122 shares of the company’s stock after selling 115,000 shares during the period. Nantahala Capital Management LLC owned approximately 3.70% of Viemed Healthcare worth $9,400,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Viemed Healthcare by 53.0% in the 1st quarter. Vanguard Group Inc. now owns 1,781,914 shares of the company’s stock valued at $16,803,000 after buying an additional 617,009 shares during the period. Kent Lake Capital LLC acquired a new stake in shares of Viemed Healthcare in the 1st quarter valued at $5,557,000. Penbrook Management LLC lifted its position in shares of Viemed Healthcare by 236.0% during the 2nd quarter. Penbrook Management LLC now owns 231,607 shares of the company’s stock worth $1,517,000 after purchasing an additional 162,670 shares during the last quarter. Apis Capital Advisors LLC lifted its position in shares of Viemed Healthcare by 193.0% during the 2nd quarter. Apis Capital Advisors LLC now owns 234,400 shares of the company’s stock worth $1,535,000 after purchasing an additional 154,400 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Viemed Healthcare by 50.9% during the second quarter. Renaissance Technologies LLC now owns 438,700 shares of the company’s stock worth $2,873,000 after purchasing an additional 147,900 shares in the last quarter. 74.24% of the stock is owned by institutional investors and hedge funds.

Viemed Healthcare Stock Up 0.5 %

Viemed Healthcare stock opened at $7.33 on Tuesday. The stock has a market cap of $284.62 million, a PE ratio of 28.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.43 and a quick ratio of 1.29. The stock’s fifty day moving average is $7.28 and its two-hundred day moving average is $7.50. Viemed Healthcare, Inc. has a 1-year low of $5.90 and a 1-year high of $10.44.

Viemed Healthcare (NASDAQ:VMD) last issued its earnings results on Wednesday, August 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.03). The business had revenue of $54.97 million for the quarter. Viemed Healthcare had a return on equity of 8.23% and a net margin of 4.60%.

Viemed Healthcare Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.