Short Interest in Tivity Health Inc (TVTY) Rises By 45.8%

Tivity Health Inc (NASDAQ:TVTY) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 6,712,457 shares, an increase of 45.8% from the January 15th total of 4,604,249 shares. Approximately 16.6% of the shares of the stock are short sold. Based on an average trading volume of 1,584,943 shares, the days-to-cover ratio is currently 4.2 days.

TVTY has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of Tivity Health from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. BidaskClub raised shares of Tivity Health from a “hold” rating to a “buy” rating in a research note on Friday, October 19th. Cantor Fitzgerald reissued a “buy” rating and set a $49.00 target price on shares of Tivity Health in a research note on Monday, November 5th. ValuEngine raised shares of Tivity Health from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Finally, Chardan Capital lowered their target price on shares of Tivity Health from $43.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, November 6th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $40.86.

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TVTY opened at $21.14 on Tuesday. Tivity Health has a twelve month low of $21.00 and a twelve month high of $44.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $858.94 million, a P/E ratio of 12.58, a P/E/G ratio of 0.83 and a beta of 1.02.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TVTY. Advisor Group Inc. raised its position in shares of Tivity Health by 364.2% during the 4th quarter. Advisor Group Inc. now owns 1,142 shares of the company’s stock worth $29,000 after purchasing an additional 896 shares during the last quarter. Enlightenment Research LLC acquired a new position in shares of Tivity Health during the 4th quarter worth about $37,000. First Quadrant L P CA acquired a new position in shares of Tivity Health during the 4th quarter worth about $65,000. NEXT Financial Group Inc acquired a new position in shares of Tivity Health during the 3rd quarter worth about $104,000. Finally, Acadian Asset Management LLC acquired a new position in shares of Tivity Health during the 4th quarter worth about $154,000.

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Tivity Health Company Profile

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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