Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report) was the target of a large 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 238,712 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

SKHHY has been the subject of a number of analyst reports. Citigroup lowered Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Zacks Research raised Sonic Healthcare to a “hold” rating in a research report 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

View Our Latest Analysis on SKHHY

Sonic Healthcare Trading Down 1.6%

Shares of Sonic Healthcare stock traded down $0.22 during trading hours on Thursday, hitting $13.45. 57,845 shares of the company’s stock traded hands, compared to its average volume of 101,125. Sonic Healthcare has a 12-month low of $13.00 and a 12-month high of $19.25. The company has a fifty day simple moving average of $14.45 and a 200-day simple moving average of $14.95.

About Sonic Healthcare

(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.

Further Reading

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