Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHHY) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 9,700 shares, an increase of 16.9% from the October 15th total of 8,300 shares. Based on an average daily trading volume, of 44,400 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of Sonic Healthcare to a “hold” rating in a research note on Monday, August 26th.

Sonic Healthcare Price Performance

Shares of OTCMKTS SKHHY opened at $16.54 on Friday. Sonic Healthcare has a 52-week low of $15.24 and a 52-week high of $22.40. The business has a 50-day moving average price of $18.02 and a 200 day moving average price of $17.71.

Sonic Healthcare Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 5th were issued a $0.3843 dividend. This is a boost from Sonic Healthcare’s previous dividend of $0.25. The ex-dividend date of this dividend was Thursday, September 5th.

Sonic Healthcare Company Profile

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.