Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHHYGet Rating) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,400 shares, a growth of 60.0% from the March 15th total of 1,500 shares. Based on an average daily volume of 54,300 shares, the days-to-cover ratio is currently 0.0 days.

Several analysts have weighed in on SKHHY shares. Jefferies Financial Group cut shares of Sonic Healthcare from a “buy” rating to a “hold” rating in a research note on Monday, February 21st. CLSA cut shares of Sonic Healthcare from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 13th.

SKHHY stock traded down $0.19 during trading on Friday, reaching $26.04. 13,197 shares of the company were exchanged, compared to its average volume of 58,749. The company has a 50-day moving average of $25.89 and a two-hundred day moving average of $28.60. Sonic Healthcare has a twelve month low of $22.72 and a twelve month high of $34.30.

The business also recently disclosed a dividend, which was paid on Monday, April 4th. Investors of record on Tuesday, March 8th were given a dividend of $0.2679 per share. This represents a yield of 2.57%. The ex-dividend date of this dividend was Monday, March 7th.

Sonic Healthcare Company Profile (Get Rating)

Sonic Healthcare Limited offers medical diagnostic services in Australia. The company provides laboratory medicine/pathology; diagnostic imaging/radiology, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry; and primary care medical services comprising general practice services, occupational health services, remote health services, community and home nursing services, primary care research programs, health assessment technologies, clinical trials, and chronic disease management programs to clinicians, hospitals, community health services, and their patients.

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