Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 7,600 shares, a growth of 181.5% from the August 31st total of 2,700 shares. Based on an average daily trading volume, of 244,300 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Sonova to a “hold” rating in a research note on Tuesday, August 13th.

Sonova Stock Up 1.9 %

SONVY stock traded up $1.34 during trading on Friday, reaching $71.12. 176,395 shares of the stock were exchanged, compared to its average volume of 222,077. Sonova has a twelve month low of $45.54 and a twelve month high of $72.22. The firm’s 50 day moving average is $66.76 and its 200 day moving average is $62.53. The company has a quick ratio of 1.07, a current ratio of 1.45 and a debt-to-equity ratio of 0.63.

About Sonova

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.