Semler Scientific, Inc. (NASDAQ:SMLR) Short Interest Up 43.4% in November

Semler Scientific, Inc. (NASDAQ:SMLR) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,280,000 shares, a growth of 43.4% from the November 15th total of 892,400 shares. Based on an average trading volume of 485,000 shares, the short-interest ratio is presently 2.6 days. Currently, 20.4% of the shares of the company are sold short.

Semler Scientific Price Performance

Shares of SMLR traded down $4.67 on Friday, reaching $67.17. 971,401 shares of the stock traded hands, compared to its average volume of 1,077,116. The firm has a market cap of $556.84 million, a price-to-earnings ratio of 32.77 and a beta of 1.18. Semler Scientific has a 12 month low of $20.88 and a 12 month high of $79.45. The stock’s 50-day moving average price is $43.82 and its 200-day moving average price is $34.81.

Semler Scientific (NASDAQ:SMLR) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.35. The firm had revenue of $13.51 million for the quarter. Semler Scientific had a net margin of 27.00% and a return on equity of 20.31%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cerity Partners LLC lifted its holdings in shares of Semler Scientific by 91.5% during the third quarter. Cerity Partners LLC now owns 1,345,586 shares of the company’s stock valued at $31,689,000 after acquiring an additional 642,982 shares during the period. Shariaportfolio Inc. acquired a new stake in shares of Semler Scientific during the 3rd quarter worth about $3,618,000. AQR Capital Management LLC increased its position in shares of Semler Scientific by 150.1% during the 2nd quarter. AQR Capital Management LLC now owns 140,498 shares of the company’s stock worth $4,833,000 after purchasing an additional 84,314 shares in the last quarter. Crawford Fund Management LLC bought a new position in Semler Scientific during the 3rd quarter valued at about $883,000. Finally, Dimensional Fund Advisors LP boosted its position in Semler Scientific by 18.3% in the second quarter. Dimensional Fund Advisors LP now owns 126,177 shares of the company’s stock valued at $4,341,000 after buying an additional 19,552 shares in the last quarter. Institutional investors and hedge funds own 49.37% of the company’s stock.

About Semler Scientific

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company’s products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient’s vascular condition.