Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 122,910 shares, a growth of 207.6% from the May 31st total of 39,957 shares. Based on an average trading volume of 265,370 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are sold short.
Analyst Ratings Changes
Separately, Zacks Research upgraded Sonic Healthcare to a “hold” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.
View Our Latest Research Report on Sonic Healthcare
Sonic Healthcare Trading Down 1.1%
Sonic Healthcare Company Profile
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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