Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Drops By 85.7%

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, a decrease of 85.7% from the March 15th total of 1,400 shares. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is presently 0.0 days.

Sonova Trading Up 2.0 %

SONVY stock traded up $1.12 during trading on Thursday, hitting $57.07. The company had a trading volume of 18,264 shares, compared to its average volume of 10,521. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.90 and a current ratio of 1.29. The business has a 50 day moving average of $61.66 and a 200 day moving average of $58.11. Sonova has a fifty-two week low of $45.54 and a fifty-two week high of $66.13.

About Sonova

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.

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