Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Sees Large Growth in Short Interest

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 9,263 shares, a growth of 210.0% from the April 15th total of 2,988 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 238,712 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several analysts recently issued reports on SKHHY shares. Citigroup cut Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Zacks Research raised Sonic Healthcare to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

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Sonic Healthcare Stock Performance

Sonic Healthcare stock traded down $0.04 during trading hours on Friday, hitting $13.45. 113,768 shares of the stock traded hands, compared to its average volume of 120,187. Sonic Healthcare has a one year low of $13.00 and a one year high of $19.25. The firm’s 50-day moving average price is $14.32 and its two-hundred day moving average price is $14.93.

Sonic Healthcare Company Profile

(Get Free Report)

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.

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