Sonic Healthcare Limited (OTCMKTS:SKHCF) Sees Large Increase in Short Interest

Sonic Healthcare Limited (OTCMKTS:SKHCF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,204,400 shares, an increase of 65.3% from the August 31st total of 728,600 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 1,003.7 days. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 1,003.7 days.

Sonic Healthcare Price Performance

SKHCF opened at $14.28 on Tuesday. The firm’s 50-day simple moving average is $15.87 and its 200-day simple moving average is $16.66. Sonic Healthcare has a twelve month low of $13.30 and a twelve month high of $19.34.

Sonic Healthcare Company Profile

Sonic Healthcare Limited offers medical diagnostic and administrative services to medical practitioners, hospitals, community health services, and patients in Australia, the United States, Germany, and internationally. 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.