Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 4,700 shares, a growth of 213.3% from the November 30th total of 1,500 shares. Based on an average trading volume of 65,400 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays lowered Sonova from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 20th. The Goldman Sachs Group raised Sonova to a “strong sell” rating in a report on Tuesday, October 22nd. Finally, Citigroup raised Sonova to a “strong sell” rating in a report on Thursday, November 21st.

Sonova Stock Down 1.5 %

Sonova stock traded down $0.97 during midday trading on Friday, reaching $65.82. The stock had a trading volume of 7,940 shares, compared to its average volume of 42,789. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.45 and a quick ratio of 1.07. The stock’s 50-day simple moving average is $69.92 and its 200 day simple moving average is $67.50. Sonova has a twelve month low of $54.18 and a twelve month high of $77.56.

Sonova Company Profile

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.