Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 6,710 shares, a decline of 88.1% from the April 30th total of 56,415 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 87,248 shares, the days-to-cover ratio is presently 0.1 days.

Life Healthcare Group Price Performance

Shares of Life Healthcare Group stock traded down $0.17 during trading hours on Thursday, hitting $2.58. The company had a trading volume of 13,776 shares, compared to its average volume of 60,587. The company’s 50-day moving average is $2.81 and its two-hundred day moving average is $2.77. Life Healthcare Group has a twelve month low of $2.28 and a twelve month high of $3.36. The company has a market cap of $945.30 million and a P/E ratio of 0.25.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Life Healthcare Group to a “hold” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Life Healthcare Group

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.