Short Interest in GoHealth, Inc. (NASDAQ:GOCO) Drops By 20.0%

GoHealth, Inc. (NASDAQ:GOCO) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 85,000 shares, a decrease of 20.0% from the February 28th total of 106,300 shares. Based on an average daily trading volume, of 60,200 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.0% of the company’s stock are sold short.

GoHealth Stock Down 0.2 %

GOCO opened at $12.38 on Monday. The firm has a market cap of $284.85 million, a P/E ratio of -3.54 and a beta of 1.68. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.18 and a current ratio of 1.18. The business has a 50 day moving average price of $15.61 and a 200 day moving average price of $12.96. GoHealth has a twelve month low of $7.27 and a twelve month high of $21.00.

Institutional Trading of GoHealth

A number of institutional investors and hedge funds have recently modified their holdings of GOCO. Barclays PLC raised its holdings in GoHealth by 83.9% in the 3rd quarter. Barclays PLC now owns 9,580 shares of the company’s stock worth $89,000 after acquiring an additional 4,372 shares during the period. Empowered Funds LLC grew its position in shares of GoHealth by 5.3% in the fourth quarter. Empowered Funds LLC now owns 23,218 shares of the company’s stock valued at $311,000 after purchasing an additional 1,170 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of GoHealth by 99.3% in the third quarter. JPMorgan Chase & Co. now owns 8,437 shares of the company’s stock worth $79,000 after purchasing an additional 4,204 shares during the period. Geode Capital Management LLC lifted its position in shares of GoHealth by 3.2% during the 3rd quarter. Geode Capital Management LLC now owns 103,735 shares of the company’s stock worth $973,000 after purchasing an additional 3,205 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of GoHealth by 28.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,760 shares of the company’s stock worth $37,000 after buying an additional 607 shares during the last quarter. 24.21% of the stock is currently owned by institutional investors and hedge funds.

GoHealth Company Profile

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.