NuVasive, Inc. Sees Significant Decrease in Short Interest
NUVADelisted Stock | USD 42.35 0.85 1.97% |
About 61% of NuVasive's investor base is looking to short. The analysis of current outlook of investing in NuVasive suggests that many traders are alarmed regarding NuVasive's prospects. The current market sentiment, together with NuVasive's historical and current headlines, can help investors time the market. In addition, many technical investors use NuVasive stock news signals to limit their universe of possible portfolio assets.
NuVasive |
NuVasive, Inc. saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 6,060,000 shares, a decrease of 24.3 percent from the June 15th total of 8,000,000 shares. Based on an average daily trading volume, of 786,400 shares, the days-to-cover ratio
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NuVasive Fundamental Analysis
We analyze NuVasive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NuVasive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NuVasive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Employees
Number Of Employees Comparative Analysis
NuVasive is currently under evaluation in number of employees category among its peers. Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
NuVasive Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NuVasive stock to make a market-neutral strategy. Peer analysis of NuVasive could also be used in its relative valuation, which is a method of valuing NuVasive by comparing valuation metrics with similar companies.
Peers
NuVasive Related Equities
FNA | Paragon 28 | 3.20 | ||||
LUNG | Pulmonx Corp | 2.38 | ||||
KIDS | Orthopediatrics Corp | 2.32 | ||||
SIBN | Si Bone | 2.19 | ||||
OFIX | Orthofix Medical | 2.09 | ||||
CNMD | CONMED | 1.20 | ||||
MASI | Masimo | 0.97 | ||||
GKOS | Glaukos Corp | 0.67 | ||||
NVRO | Nevro Corp | 0.44 | ||||
AVNS | Avanos Medical | 0.10 | ||||
LIVN | LivaNova PLC | 0.04 | ||||
ITGR | Integer Holdings | 0.21 | ||||
BRKR | Bruker | 0.74 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in NuVasive Stock
If you are still planning to invest in NuVasive check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NuVasive's history and understand the potential risks before investing.
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