Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Sees Significant Growth in Short Interest

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 376,000 shares, a growth of 211.5% from the June 15th total of 120,700 shares. Approximately 39.5% of the company’s shares are sold short. Based on an average trading volume of 2,380,000 shares, the short-interest ratio is currently 0.2 days.

Inspire Veterinary Partners Stock Performance

Shares of NASDAQ IVP traded up $4.98 during trading on Friday, hitting $10.57. 40,400,047 shares of the company traded hands, compared to its average volume of 1,558,546. Inspire Veterinary Partners has a 1 year low of $1.23 and a 1 year high of $410.00. The company has a 50-day moving average price of $2.56 and a 200-day moving average price of $8.69. The company has a quick ratio of 0.31, a current ratio of 0.37 and a debt-to-equity ratio of 48.86.

Inspire Veterinary Partners (NASDAQ:IVP) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($8.97) earnings per share for the quarter. The company had revenue of $4.83 million for the quarter.

Inspire Veterinary Partners Company Profile

Inspire Veterinary Partners, Inc owns and operates veterinary hospitals in the United States. The company specializes in small animal general practice hospitals, which serve companion pets, canine, and feline breeds, including equine care. Its hospitals provide preventive care for companion animals consisting of annual health exams and parasite control; dental health; nutrition and body condition counseling; neurological examinations; radiology; bloodwork; and skin and coat health, and other breed specific preventive care services.