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

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 122,910 shares, an increase of 207.6% from the May 31st total of 39,957 shares. Based on an average daily trading volume, of 265,370 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research raised Sonic Healthcare to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Sonic Healthcare currently has a consensus rating of “Reduce”.

Sonic Healthcare Stock Performance

Sonic Healthcare stock opened at $14.47 on Tuesday. Sonic Healthcare has a 1 year low of $12.94 and a 1 year high of $19.25. The company’s 50-day moving average is $13.86 and its two-hundred day moving average is $14.78.

Sonic Healthcare Company Profile

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.