Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHHY) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 19,200 shares, an increase of 6,300.0% from the November 15th total of 300 shares. Based on an average trading volume of 54,000 shares, the short-interest ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised Sonic Healthcare to a “hold” rating in a report on Monday, August 26th.

Sonic Healthcare Trading Down 1.2 %

Shares of SKHHY traded down $0.22 on Friday, reaching $17.75. 60,964 shares of the company’s stock were exchanged, compared to its average volume of 40,977. The business has a 50 day moving average price of $18.01 and a two-hundred day moving average price of $17.83. Sonic Healthcare has a 12 month low of $15.24 and a 12 month high of $22.40.

Sonic Healthcare Company Profile

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.