Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Sees Large Increase in Short Interest

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 446,200 shares, a growth of 107.5% from the November 30th total of 215,000 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily volume of 9,440,000 shares, the days-to-cover ratio is currently 0.0 days.

Inspire Veterinary Partners Stock Up 3.8 %

Shares of IVP traded up $0.01 during mid-day trading on Friday, hitting $0.19. The company’s stock had a trading volume of 1,243,677 shares, compared to its average volume of 3,867,450. The firm has a market capitalization of $5.58 million, a price-to-earnings ratio of 0.00 and a beta of -2.69. The company’s 50-day moving average is $0.23 and its 200-day moving average is $2.08. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 3.60. Inspire Veterinary Partners has a 52-week low of $0.17 and a 52-week high of $50.00.

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.