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

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

Sonic Healthcare Stock Down 1.6%

OTCMKTS SKHHY traded down $0.22 during trading hours on Thursday, hitting $13.45. The company had a trading volume of 57,845 shares, compared to its average volume of 101,125. Sonic Healthcare has a 52 week low of $13.00 and a 52 week high of $19.25. The firm has a 50 day simple moving average of $14.45 and a 200 day simple moving average of $14.95.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SKHHY shares. Citigroup lowered Sonic Healthcare from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Zacks Research raised Sonic Healthcare to a “hold” rating in a report on Friday, April 17th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Sonic Healthcare presently has a consensus rating of “Reduce”.

About Sonic Healthcare

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.