Novation Companies, Inc. (OTCMKTS:NOVC) Short Interest Update

Novation Companies, Inc. (OTCMKTS:NOVC) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 99.8% from the September 15th total of 45,100 shares. Based on an average daily volume of 269,100 shares, the short-interest ratio is presently 0.0 days.

Shares of NOVC remained flat at $$0.05 during mid-day trading on Thursday. The stock had a trading volume of 70,356 shares, compared to its average volume of 242,172. The stock has a market cap of $5.81 million, a PE ratio of -1.25 and a beta of 1.12. The business’s fifty day moving average price is $0.06 and its 200-day moving average price is $0.05. Novation Companies has a 52 week low of $0.02 and a 52 week high of $0.25.

Novation Companies (OTCMKTS:NOVC) last released its quarterly earnings results on Wednesday, August 11th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $13.06 million during the quarter.

Novation Companies Company Profile

Novation Cos., Inc through its subsidiary, engages in the provision of outsourced health care staffing and related services. Its services are performed by medical staff on-site at the company’s clients’ facilities. The company was founded by Scott F. Hartman and W. Lance Anderson on September 13, 1996 and is headquartered in Kansas City, MO.

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