Short Interest in Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Increases By 14,321.4%

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 201,900 shares, a growth of 14,321.4% from the May 31st total of 1,400 shares. Based on an average trading volume of 144,600 shares, the days-to-cover ratio is currently 1.4 days.

Life Healthcare Group Trading Up 4.6 %

Shares of OTCMKTS:LTGHY traded up $0.12 during trading on Friday, reaching $2.83. The company had a trading volume of 10,379 shares, compared to its average volume of 99,750. Life Healthcare Group has a fifty-two week low of $2.05 and a fifty-two week high of $4.89. The stock’s fifty day moving average price is $2.48 and its 200 day moving average price is $3.34.

Life Healthcare Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Friday, June 14th will be given a dividend of $0.0287 per share. The ex-dividend date is Friday, June 14th. Life Healthcare Group’s payout ratio is currently 17.73%.

Life Healthcare Group Company Profile

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.