TherapeuticsMD, Inc. (TXMD) Short Interest Up 4.4% in December

TherapeuticsMD, Inc. (NASDAQ:TXMD) saw a large increase in short interest in the month of December. As of December 29th, there was short interest totalling 55,882,896 shares, an increase of 4.4% from the December 15th total of 53,505,064 shares. Based on an average daily volume of 2,720,761 shares, the days-to-cover ratio is presently 20.5 days. Approximately 32.1% of the shares of the company are sold short.

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $28.00 target price on shares of TherapeuticsMD in a report on Sunday, January 7th. BidaskClub cut shares of TherapeuticsMD from a “hold” rating to a “sell” rating in a report on Wednesday, September 27th. Zacks Investment Research cut shares of TherapeuticsMD from a “hold” rating to a “sell” rating in a report on Friday, January 12th. Noble Financial reissued a “buy” rating on shares of TherapeuticsMD in a report on Friday, December 29th. Finally, Jefferies Group reissued a “buy” rating and issued a $15.00 price target on shares of TherapeuticsMD in a report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. TherapeuticsMD currently has a consensus rating of “Buy” and an average target price of $14.50.

In other news, Director Tommy G. Thompson bought 5,000 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were bought at an average cost of $6.21 per share, with a total value of $31,050.00. Following the acquisition, the director now owns 3,555 shares in the company, valued at $22,076.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.92% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP bought a new position in shares of TherapeuticsMD during the third quarter worth approximately $528,000. Bamco Inc. NY increased its holdings in shares of TherapeuticsMD by 8.2% during the third quarter. Bamco Inc. NY now owns 920,000 shares of the company’s stock worth $4,867,000 after purchasing an additional 70,000 shares during the period. Alyeska Investment Group L.P. bought a new position in shares of TherapeuticsMD during the third quarter worth approximately $2,812,000. Wells Fargo & Company MN increased its holdings in shares of TherapeuticsMD by 13.6% during the third quarter. Wells Fargo & Company MN now owns 217,820 shares of the company’s stock worth $1,153,000 after purchasing an additional 26,007 shares during the period. Finally, 1492 Capital Management LLC increased its holdings in shares of TherapeuticsMD by 86.4% during the third quarter. 1492 Capital Management LLC now owns 390,702 shares of the company’s stock worth $2,067,000 after purchasing an additional 181,115 shares during the period. 73.69% of the stock is currently owned by hedge funds and other institutional investors.

TherapeuticsMD (NASDAQ TXMD) opened at $6.21 on Wednesday. The firm has a market cap of $1,340.00, a PE ratio of -15.92 and a beta of 1.06. TherapeuticsMD has a fifty-two week low of $3.50 and a fifty-two week high of $8.30.

TherapeuticsMD (NASDAQ:TXMD) last released its quarterly earnings results on Monday, November 6th. The company reported ($0.07) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.03. The firm had revenue of $4.42 million for the quarter, compared to analysts’ expectations of $5.36 million. TherapeuticsMD had a negative net margin of 457.00% and a negative return on equity of 65.16%. The business’s revenue was down 19.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.13) EPS. equities analysts anticipate that TherapeuticsMD will post -0.37 EPS for the current year.

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About TherapeuticsMD

TherapeuticsMD, Inc is a women’s healthcare company engaged in creating and commercializing products for women. The Company is focused on pursuing regulatory approvals and pre-commercialization activities necessary for commercialization of its hormone therapy pharmaceutical products. Its drug candidates used in clinical trials are designed to alleviate symptoms of and reduce health risks resulting from menopause-related hormone deficiencies, including hot flashes, osteoporosis and vaginal discomfort.

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