Highest Short Interest in the Managed Health Care Industry Detected in Shares of Triple-S Management (GTS, MGLN, MDF, CNC, MOH)
Below are the top five companies in the Managed Health Care industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
Triple-S Management (NYSE:GTS) has a short interest ratio of 6.6 based on average daily volume of 106,000 shares and 701,000 shares short. That equates to 2.4% of the 28.7 million shares outstanding.
Magellan Health Services (NASDAQ:MGLN) has a short interest ratio of 6.5 based on average daily volume of 268,000 shares and 1.74 million shares short. That equates to 5.6% of the 30.8 million shares outstanding.
Metropolitan Health Networks (AMEX:MDF) has a short interest ratio of 6.1 based on average daily volume of 281,000 shares and 1.73 million shares short. That equates to 4.2% of the 41.1 million shares outstanding.
Centene (NYSE:CNC) has a short interest ratio of 5.5 based on average daily volume of 639,000 shares and 3.5 million shares short. That equates to 7% of the 50.3 million shares outstanding.
Molina Healthcare (NYSE:MOH) has a short interest ratio of 3.6 based on average daily volume of 617,000 shares and 2.23 million shares short. That equates to 4.8% of the 46.1 million shares outstanding.
SmarTrend currently has shares of Molina Healthcare in an Downtrend and issued the Downtrend alert on July 22, 2011 at $24.84. The stock has fallen 31.9% since the Downtrend alert was issued.
