Short Interest in Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Expands By 93.6%

Key Points

• Short interest in Sonic Healthcare Ltd. Sponsored ADR increased by 93.6% from mid-August to August 31st, totaling 9,100 shares.
• The company announced a dividend of $0.3643 per share, to be paid on September 29th, with a yield of 391.0%.
• Sonic Healthcare's stock traded at $14.94 recently, indicating its price fluctuated between a 52-week low of $14.47 and a high of $19.49.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - ) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 9,100 shares, a growth of 93.6% from the August 15th total of 4,700 shares. Based on an average daily volume of 214,500 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 214,500 shares, the short-interest ratio is presently 0.0 days.

Sonic Healthcare Price Performance

Shares of SKHHY traded up $0.05 during mid-day trading on Friday, hitting $14.94. The company's stock had a trading volume of 213,252 shares, compared to its average volume of 138,467. The company's 50-day moving average is $17.21 and its 200-day moving average is $16.92. Sonic Healthcare has a 52-week low of $14.47 and a 52-week high of $19.49.

Sonic Healthcare Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be given a dividend of $0.3643 per share. The ex-dividend date of this dividend is 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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