Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Declines By 60.0%

Sonova Holding AG (OTCMKTS:SONVY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, a drop of 60.0% from the February 28th total of 2,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 35,400 shares, the short-interest ratio is presently 0.0 days.

Sonova Trading Down 0.9 %

SONVY stock traded down $0.52 during midday trading on Friday, reaching $59.24. The stock had a trading volume of 14,758 shares, compared to its average volume of 16,875. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.21 and a quick ratio of 0.82. Sonova has a twelve month low of $54.18 and a twelve month high of $77.56. The business has a fifty day simple moving average of $65.22 and a two-hundred day simple moving average of $68.22.

Sonova Company Profile

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.