Raffles Medical Group Ltd (OTCMKTS:RAFLF) Sees Large Increase in Short Interest

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 874,127 shares, an increase of 2,395.6% from the July 30th total of 35,027 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Raffles Medical Group Stock Performance

RAFLF stock remained flat at $0.67 during midday trading on Tuesday. Raffles Medical Group has a fifty-two week low of $0.67 and a fifty-two week high of $0.75. The stock’s fifty day moving average price is $0.75 and its 200-day moving average price is $0.77.

About Raffles Medical Group

Raffles Medical Group is a Singapore-based integrated private healthcare provider offering a comprehensive continuum of medical services. Since its founding in 1976, the company has developed a network of primary care clinics, specialist centres, hospitals and ancillary services designed to meet both routine and complex healthcare needs. Its flagship facility, Raffles Hospital in Singapore, serves as a tertiary care referral centre, while its affiliated Raffles Health Clinics deliver accessible outpatient care across multiple urban locations.

The group’s service portfolio spans general practice, specialist consultations, dental and aesthetic treatments, health screenings and inpatient hospital care.