Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Sees Large Drop in Short Interest

Key Points

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Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 26,300 shares, adropof37.1% from the July 15th total of 41,800 shares. Approximately0.0% of the company's stock are sold short. Based on an average daily trading volume, of 170,500 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 170,500 shares, the short-interest ratio is presently 0.2 days. Approximately0.0% of the company's stock are sold short.

Sonic Healthcare Stock Performance

Shares of Sonic Healthcare stock traded up $0.03 during midday trading on Friday, hitting $16.20. The company's stock had a trading volume of 67,826 shares, compared to its average volume of 84,367. The stock has a 50-day simple moving average of $17.86 and a 200-day simple moving average of $17.21. Sonic Healthcare has a 1-year low of $14.47 and a 1-year high of $20.59.

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.