GoHealth, Inc. (NASDAQ:GOCO) Short Interest Update

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

Institutional Investors Weigh In On GoHealth

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in shares of GoHealth by 28.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,760 shares of the company’s stock valued at $37,000 after purchasing an additional 607 shares during the period. Barclays PLC boosted its stake in shares of GoHealth by 9.6% during the 4th quarter. Barclays PLC now owns 10,504 shares of the company’s stock worth $140,000 after acquiring an additional 924 shares in the last quarter. Renaissance Technologies LLC increased its stake in GoHealth by 4.6% in the 4th quarter. Renaissance Technologies LLC now owns 22,572 shares of the company’s stock worth $302,000 after purchasing an additional 1,000 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of GoHealth by 5.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 23,218 shares of the company’s stock valued at $311,000 after acquiring an additional 1,170 shares during the period. Finally, Empowered Funds LLC raised its stake in GoHealth by 5.3% during the 4th 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 period. Institutional investors own 24.21% of the company’s stock.

GoHealth Trading Down 0.2 %

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

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.