Sonova Holding AG (OTCMKTS:SONVY) Short Interest Up 187.5% in March

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,300 shares, an increase of 187.5% from the March 15th total of 800 shares. Based on an average daily volume of 37,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Sonova Price Performance

SONVY traded up $1.42 during trading on Friday, reaching $58.04. The company had a trading volume of 17,367 shares, compared to its average volume of 21,769. The company has a current ratio of 1.21, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. Sonova has a 12-month low of $52.83 and a 12-month high of $77.56. The firm's 50-day simple moving average is $60.88 and its 200 day simple moving average is $66.46.

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.