Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Up 6,300.0% in November

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

Sonic Healthcare Stock Down 1.6 %

OTCMKTS:SKHHY traded down $0.29 during trading hours on Wednesday, hitting $17.97. 104,928 shares of the company were exchanged, compared to its average volume of 52,948. Sonic Healthcare has a 52-week low of $15.24 and a 52-week high of $22.40. The company’s 50 day moving average price is $18.01 and its 200-day moving average price is $17.83.

Analysts Set New Price Targets

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

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.