Short Interest in Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Declines By 42.0%

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 56,415 shares, a drop of 42.0% from the April 15th total of 97,349 shares. Based on an average daily volume of 85,354 shares, the days-to-cover ratio is presently 0.7 days.

Life Healthcare Group Stock Performance

OTCMKTS LTGHY traded down $0.08 during mid-day trading on Friday, hitting $2.61. The company’s stock had a trading volume of 33,853 shares, compared to its average volume of 61,989. The company’s 50 day simple moving average is $2.81 and its 200 day simple moving average is $2.77. Life Healthcare Group has a twelve month low of $2.28 and a twelve month high of $3.36.

Life Healthcare Group Company Profile

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.