CareMax, Inc. (NASDAQ:CMAX) Sees Significant Decrease in Short Interest

CareMax, Inc. (NASDAQ:CMAX) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 209,500 shares, a decline of 54.8% from the October 31st total of 463,600 shares. Based on an average daily volume of 360,500 shares, the days-to-cover ratio is presently 0.6 days. Approximately 8.9% of the shares of the stock are sold short.

CareMax Price Performance

Shares of CareMax stock traded down $0.15 during trading on Thursday, reaching $0.42. 893,330 shares of the stock traded hands, compared to its average volume of 952,388. CareMax has a 52-week low of $0.40 and a 52-week high of $24.34. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.23 and a quick ratio of 0.23. The business has a fifty day simple moving average of $1.65 and a two-hundred day simple moving average of $2.56. The company has a market capitalization of $1.61 million, a price-to-earnings ratio of 0.00 and a beta of 0.66.

CareMax Company Profile

CareMax, Inc provides care and chronic disease management services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation; and services to children and adults through Medicaid programs, as well as through commercial insurance plans.