Short Interest in SunLink Health Systems, Inc. (NYSEAMERICAN:SSY) Declines By 50.0%

SunLink Health Systems, Inc. (NYSEAMERICAN:SSYGet Rating) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 200 shares, a decrease of 50.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 33,800 shares, the days-to-cover ratio is currently 0.0 days.

A hedge fund recently bought a new stake in SunLink Health Systems stock. Citadel Advisors LLC acquired a new position in shares of SunLink Health Systems, Inc. (NYSEAMERICAN:SSYGet Rating) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 30,940 shares of the company’s stock, valued at approximately $80,000. Citadel Advisors LLC owned about 0.45% of SunLink Health Systems at the end of the most recent reporting period. 16.71% of the stock is currently owned by institutional investors and hedge funds.

SunLink Health Systems stock opened at $1.20 on Friday. The company has a market cap of $8.37 million, a PE ratio of 0.93 and a beta of 1.02. SunLink Health Systems has a 52 week low of $1.16 and a 52 week high of $5.46.

SunLink Health Systems (NYSEAMERICAN:SSYGet Rating) last released its earnings results on Monday, February 14th. The company reported ($0.07) EPS for the quarter. SunLink Health Systems had a net margin of 22.48% and a return on equity of 48.61%. The business had revenue of $10.41 million for the quarter.

About SunLink Health Systems (Get Rating)

SunLink Health Systems, Inc, through its subsidiaries, provides healthcare products and services in the southeastern United States. It operates through two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates an 84-bed community hospital, which includes an 18-bed geriatric psychiatry unit; and a 66-bed extended care and rehabilitation center.

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