Short Interest in Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Declines By 53.8%

Key Points

• Short interest in Sonic Healthcare Ltd. decreased by 53.8% in September, dropping from 9,100 shares in August to only 4,200 shares as of September 15th.
• The company recently announced a dividend of $0.3643, which was paid on September 29th, yielding an impressive 391.0% for investors.
• Sonic Healthcare's stock is currently trading at $14.33, with a fifty-two week range between $13.79 and $19.44.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - ) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 4,200 shares, a decrease of 53.8% from the August 31st total of 9,100 shares. Based on an average trading volume of 404,400 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 404,400 shares, the short-interest ratio is currently 0.0 days.

Sonic Healthcare Stock Performance

SKHHY stock opened at $14.33 on Friday. The company has a 50-day simple moving average of $16.23 and a 200 day simple moving average of $16.69. Sonic Healthcare has a fifty-two week low of $13.79 and a fifty-two week high of $19.44. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.56.

Sonic Healthcare Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.3643 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a yield of 391.0%.

About Sonic Healthcare

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.

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