Short Interest in Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Drops By 73.1%

Inspire Veterinary Partners, Inc. (NASDAQ:IVPGet Free Report) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 120,100 shares, a decrease of 73.1% from the December 31st total of 446,200 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 10,010,000 shares, the short-interest ratio is presently 0.0 days.

Inspire Veterinary Partners Price Performance

Shares of NASDAQ:IVP traded down $0.25 during trading on Wednesday, reaching $2.84. 60,192 shares of the company’s stock traded hands, compared to its average volume of 280,777. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 3.60. Inspire Veterinary Partners has a fifty-two week low of $2.72 and a fifty-two week high of $663.75. The company has a 50-day simple moving average of $4.59 and a 200-day simple moving average of $42.45. The firm has a market cap of $91.91 million, a PE ratio of -0.06 and a beta of -2.40.

About Inspire Veterinary Partners

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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.

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