GoHealth, Inc. (NASDAQ:GOCO) Short Interest Down 20.0% in March

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

GoHealth Trading Down 3.7 %

GOCO stock traded down $0.46 during trading on Wednesday, reaching $11.93. The company had a trading volume of 57,431 shares, compared to its average volume of 33,437. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.18 and a quick ratio of 1.18. GoHealth has a 52 week low of $7.27 and a 52 week high of $21.00. The business has a 50 day moving average of $15.47 and a 200 day moving average of $13.00. The company has a market cap of $274.50 million, a P/E ratio of -3.41 and a beta of 1.68.

Hedge Funds Weigh In On GoHealth

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

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.