Short Interest in Raffles Medical Group Ltd (OTCMKTS:RAFLF) Drops By 85.7%

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adropof85.7% from the July 31st total of 700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

Raffles Medical Group Price Performance

Shares of RAFLF remained flat at $0.80 during trading hours on Tuesday. The business has a 50 day moving average price of $0.77 and a 200-day moving average price of $0.66. Raffles Medical Group has a twelve month low of $0.75 and a twelve month high of $0.83.

About Raffles Medical Group

Raffles Medical Group Ltd provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan. The company operates through Healthcare Services, Hospital Services, Investment Holdings, and Insurance Services segments. Its Raffles Hospital, a tertiary care hospital that offers a range of medical and surgical facilities include day angiography suites, operating theatres, delivery suites, intensive care unit, neonatal intensive care unit, radiology, clinical laboratory, and dental services.