Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 6,710 shares, a drop of 88.1% from the April 30th total of 56,415 shares. Based on an average trading volume of 87,248 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Life Healthcare Group to a “hold” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Life Healthcare Group Trading Down 6.3%

LTGHY stock traded down $0.17 during midday trading on Thursday, reaching $2.58. The stock had a trading volume of 13,776 shares, compared to its average volume of 60,587. The company’s fifty day simple moving average is $2.81 and its 200 day simple moving average is $2.77. The company has a market cap of $945.30 million and a price-to-earnings ratio of 0.25. Life Healthcare Group has a 52-week low of $2.28 and a 52-week 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.