Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVY) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 7,600 shares, an increase of 181.5% from the August 31st total of 2,700 shares. Based on an average trading volume of 244,300 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, UBS Group upgraded Sonova to a “hold” rating in a research report on Tuesday, August 13th.

Sonova Stock Up 1.9 %

Shares of SONVY stock traded up $1.34 on Friday, reaching $71.12. 176,395 shares of the stock were exchanged, compared to its average volume of 222,077. Sonova has a one year low of $45.54 and a one year high of $72.22. The stock has a 50 day moving average price of $66.76 and a 200 day moving average price of $62.53. The company has a current ratio of 1.45, a quick ratio of 1.07 and a debt-to-equity ratio of 0.63.

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.