Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Expands By 37.5%

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 1,100 shares, a growth of 37.5% from the April 15th total of 800 shares. Based on an average daily trading volume, of 25,900 shares, the short-interest ratio is currently 0.0 days.

Sonova Stock Performance

SONVY stock traded up $4.38 during midday trading on Tuesday, reaching $63.26. 16,352 shares of the company's stock traded hands, compared to its average volume of 10,828. The company has a 50-day simple moving average of $58.39 and a two-hundred day simple moving average of $59.82. The company has a current ratio of 1.29, a quick ratio of 0.90 and a debt-to-equity ratio of 0.74. Sonova has a 1-year low of $45.54 and a 1-year high of $66.13.

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.