Inspire Veterinary Partners, Inc. (NASDAQ:IVP) Short Interest Down 65.0% in October

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 389,000 shares, a decrease of 65.0% from the September 30th total of 1,110,000 shares. Based on an average daily volume of 10,010,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 10.9% of the shares of the stock are sold short.

Inspire Veterinary Partners Price Performance

Shares of NASDAQ:IVP traded down $0.02 during midday trading on Friday, reaching $0.27. 5,063,877 shares of the company’s stock traded hands, compared to its average volume of 4,295,673. The company has a fifty day simple moving average of $1.05 and a two-hundred day simple moving average of $3.13. Inspire Veterinary Partners has a 1 year low of $0.23 and a 1 year high of $116.99. The company has a market cap of $260,480.20, a P/E ratio of 0.00 and a beta of -2.87. The company has a debt-to-equity ratio of 48.86, a quick ratio of 0.13 and a current ratio of 0.18.

Inspire Veterinary Partners (NASDAQ:IVP) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.52) earnings per share (EPS) for the quarter. Inspire Veterinary Partners had a negative net margin of 109.98% and a negative return on equity of 3,040.29%. The company had revenue of $4.39 million for the quarter.

About Inspire Veterinary Partners

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.