|Day Low/High||42.55 / 43.38|
|52 Wk Low/High||28.70 / 46.36|
Health and wellness leader launches expanded clean label product offering, unveils plans to accelerate growth
The most recent short interest data was recently released for the 01/31/2017 settlement date, and Medifast Inc is one of the most shorted stocks of the Russell 3000, based on 8.71 "days to cover" versus the median component at 5.13. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.
A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 10.8% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Medifast Inc , which makes up 0.45% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Medifast Inc were yielding above the 3% mark based on its quarterly dividend (annualized to $1.28), with the stock changing hands as low as $41.92 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
In trading on Tuesday, shares of Medifast Inc touched a new 52-week high of $42.47/share. That's a 56.60% rise, or $15.35 per share from the 52-week low of $27.12 set back on 02/09/2016.
Looking at the universe of stocks we cover at Dividend Channel, on 12/21/16, Medifast Inc will trade ex-dividend, for its quarterly dividend of $0.32, payable on 2/9/17. As a percentage of MED's recent stock price of $41.47, this dividend works out to approximately 0.77%, so look for shares of Medifast Inc to trade 0.77% lower — all else being equal — when MED shares open for trading on 12/21/16.
NACD Fellows Demonstrate Their Commitment to Corporate Governance and Leadership in the Boardroom
Michael MacDonald Continues as Executive Chairman of the Board of Directors
Looking at the universe of stocks we cover at Dividend Channel, on 9/21/16, Medifast Inc will trade ex-dividend, for its quarterly dividend of $0.25, payable on 11/10/16. As a percentage of MED's recent stock price of $37.29, this dividend works out to approximately 0.67%, so look for shares of Medifast Inc to trade 0.67% lower — all else being equal — when MED shares open for trading on 9/21/16.
This is the second-busiest season of the year for the weight-loss provider, says CEO Michael MacDonald.
Shares of Medifast are in robust shape, up nine percent so far this year, heading into the weight loss provider's second busiest season of the year.
Stocks with insider trader activity include MED, SNAK and UNXL
New Kit Designed to Help Jump-Start Weight Loss for Summer
Dual Fuel™ Product Line Featuring Protein Bars and Ready-To-Drink Shakes adds to its roster with Play By Play Sports, the Colonial Athletic Association, and the Atlantic Hockey Conference