Tenet Healthcare short interest decreases 10.9% — 4 takeaways

 
Dallas-based Tenet Healthcare’s stock in short interest decreased 10.93 percent, according to the Franklin Independent.

Advertisement

Here are four takeaways:

1. In May, the Financial Industry Regulatory Authority published Tenet Healthcare’s total short interest as 9.53 million shares.

2. Against the S&P 500, Tenet Healthcare has underperformed by 23.52 percent.

3. Since Oct. 20, 2015, Tenet Healthcare shares have declined 20.58 percent and continue to downtrend.

4. Tenet Healthcare’s market cap is $2.92 billion.

More articles on transactions & valuation issues:
Sentara Northern Virginia Medical Center completes construction of 67k-sq-ft ASC — 4 things to know
Silver Cross Health System plans $11.1M ASC — 5 key notes
MFC announces May dividend — 4 notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.