Brookdale Senior Living, Inc. (BKD) Short Interest Up 37.7% in January
Brookdale Senior Living, Inc. (NYSE:BKD) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 16,384,702 shares, a growth of 37.7% from the January 12th total of 11,894,542 shares. Approximately 8.9% of the company’s stock are short sold. Based on an average daily volume of 2,719,867 shares, the days-to-cover ratio is currently 6.0 days.
Shares of Brookdale Senior Living (BKD) traded down $0.17 during midday trading on Wednesday, hitting $9.24. 1,729,937 shares of the stock were exchanged, compared to its average volume of 2,855,140. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $1,770.71, a P/E ratio of -2.02 and a beta of 1.64. Brookdale Senior Living has a 12-month low of $8.78 and a 12-month high of $16.23.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Merriman Wealth Management LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at about $108,000. Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at about $122,000. EP Wealth Advisors LLC purchased a new stake in shares of Brookdale Senior Living during the 2nd quarter valued at about $148,000. State of Alaska Department of Revenue purchased a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $148,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $155,000. 99.18% of the stock is currently owned by hedge funds and other institutional investors.
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Brookdale Senior Living Company Profile
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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