Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 13,000 shares, a growth of 233.3% from the April 30th total of 3,900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is presently 0.5 days.

Sonova Stock Up 0.1%

Shares of OTCMKTS:SONVY traded up $0.09 during midday trading on Monday, hitting $62.70. The stock had a trading volume of 12,867 shares, compared to its average volume of 19,855. Sonova has a 12 month low of $52.83 and a 12 month high of $77.56. The business's 50-day simple moving average is $60.40 and its 200-day simple moving average is $64.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.21 and a quick ratio of 0.82.

Analyst Upgrades and Downgrades

SONVY has been the subject of a number of recent research reports. HSBC downgraded Sonova from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Hsbc Global Res cut Sonova from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 21st. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, Sonova presently has a consensus rating of "Hold".

About Sonova

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.