Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Down 96.9% in November

Sonic Healthcare Limited (OTCMKTS:SKHHY) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 96.9% from the October 31st total of 9,700 shares. Based on an average daily volume of 92,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

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

Sonic Healthcare Price Performance

Shares of SKHHY traded down $0.35 during trading on Thursday, reaching $18.16. 20,938 shares of the company traded hands, compared to its average volume of 53,420. Sonic Healthcare has a twelve month low of $15.24 and a twelve month high of $22.40. The stock has a 50-day simple moving average of $18.02 and a 200-day simple moving average of $17.76.

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.