Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Up 32.7% in April

Sonic Healthcare Limited (OTCMKTS:SKHHYGet Rating) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 6,900 shares, a growth of 32.7% from the April 15th total of 5,200 shares. Based on an average daily trading volume, of 97,800 shares, the days-to-cover ratio is presently 0.1 days.

Separately, Jefferies Financial Group cut shares of Sonic Healthcare from a “buy” rating to a “hold” rating in a research report on Monday, February 21st.

Shares of OTCMKTS:SKHHY traded up $0.32 on Wednesday, reaching $25.32. The company’s stock had a trading volume of 60,124 shares, compared to its average volume of 57,131. The stock’s 50-day moving average is $25.91 and its two-hundred day moving average is $28.03. Sonic Healthcare has a 52-week low of $22.72 and a 52-week high of $34.30.

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

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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