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Despite Optimism on Healthcare, Athenahealth's Short Base Remains High

 Jul 19, 2009 06:16 AM UTC
Return Risk
-11.17% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
ATHN n/a

Graphic_arrow1 Via Short Stock Ideas from Seeking Alpha:  

Jonathan Bush, Athenahealth’s (ATHN) Chairman and CEO could be seen on CNBC on Monday discussing Athenahealth's hope that President Obama’s healthcare reform becomes a reality. ATHN could stand to benefit as they have online software that could be used to streamline practice management, billing and patient information management.

Despite ATHN just completing its biggest project to date at the Cook Children’s Hospital in Texas the short base (as measured by the percent of shares outstanding on loan) in ATHN is high and has risen 17.53% to 16.28%.


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