Ezra Holdings Limited (NASDAQ:EZRA) Stock Short Interest Drops 52.4%

Ezra Holdings Limited (NASDAQ:EZRA) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 8,626 shares, a drop of 52.4% from the September 15th total of 18,115 shares. Based on an average trading volume of 30,758 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Wall Street Zen lowered Ezra from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ezra in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

Insider Activity at Ezra

In other Ezra news, VP Yaakov Beyman sold 9,120 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $3.83, for a total transaction of $34,929.60. Following the sale, the vice president directly owned 2,967 shares of the company’s stock, valued at $11,363.61. The trade was a 75.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alex Blumenfrucht sold 8,830 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $3.97, for a total value of $35,055.10. Following the sale, the director owned 13 shares in the company, valued at approximately $51.61. This trade represents a 99.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 34,727 shares of company stock valued at $124,161.

Ezra Price Performance

Shares of Ezra stock traded down $0.04 during trading on Wednesday, hitting $2.25. The stock had a trading volume of 85,306 shares, compared to its average volume of 797,653. Ezra has a 12 month low of $1.75 and a 12 month high of $53.20. The firm’s fifty day simple moving average is $2.57 and its 200-day simple moving average is $3.92.

Ezra (NASDAQ:EZRA) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($3.26) EPS for the quarter. The company had revenue of $2.11 million for the quarter.

Ezra Company Profile

Ezra (NASDAQ: EZRA) is a health care technology company focused on improving cancer screening and early detection. The company combines magnetic resonance imaging (MRI) with artificial intelligence to help identify potential cancer and other abnormalities, with the goal of making screening more accessible, efficient and comprehensive.

Its services include Ezra Screen, an MRI-based screening program designed to examine multiple areas of the body in a single session, as well as related imaging and cancer-screening services.