Short Interest in Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Expands By 1,397.6%

Key Points

• The short interest in Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) surged by 1,397.6% in September, with a total of 62,900 shares shorted by the end of the month.
• Sonic Healthcare’s stock traded up to $14.21, with a current debt-to-equity ratio of 0.56 and a dividend yield of 391.0% following a recent dividend payment of $0.3643 per share.
• The company has a 1-year low of $13.31 and a 1-year high of $19.25, indicating significant volatility in its stock pricing.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - ) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 62,900 shares, a growth of 1,397.6% from the September 15th total of 4,200 shares. Based on an average trading volume of 506,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 506,400 shares, the days-to-cover ratio is presently 0.1 days.

Sonic Healthcare Stock Performance

Sonic Healthcare stock traded up $0.38 during mid-day trading on Thursday, hitting $14.21. 171,726 shares of the company were exchanged, compared to its average volume of 95,148. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.07 and a current ratio of 1.17. The business has a fifty day moving average of $15.50 and a 200 day moving average of $16.56. Sonic Healthcare has a 1-year low of $13.31 and a 1-year high of $19.25.

Sonic Healthcare Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were given a dividend of $0.3643 per share. The ex-dividend date was Thursday, September 4th. This represents a yield of 391.0%.

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.

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