Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Stock Short Interest Report for October

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 852 shares, a decline of 45.5% from the September 30th total of 1,562 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 231,164 shares, the short-interest ratio is currently 0.0 days.

Sonic Healthcare Stock Performance

Shares of Sonic Healthcare stock opened at $13.61 on Friday. The company has a fifty day simple moving average of $13.48 and a 200-day simple moving average of $14.51. Sonic Healthcare has a 12-month low of $12.58 and a 12-month high of $17.49.

Wall Street Analysts Forecast Growth

SKHHY has been the topic of a number of recent analyst reports. Zacks Research upgraded Sonic Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, October 19th. The Goldman Sachs Group lowered Sonic Healthcare from a “buy” rating to a “hold” rating in a research report on Sunday, October 11th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Sonic Healthcare Company Profile

Sonic Healthcare Limited is an Australian healthcare company specializing in medical diagnostics. Its principal business is laboratory medicine, providing pathology and clinical testing services used to diagnose, monitor and manage a broad range of medical conditions. The company serves hospitals, physicians, healthcare organizations and patients through networks of medical laboratories and collection centers.

Sonic Healthcare also operates medical imaging businesses in selected markets and provides related healthcare services, including occupational health and primary care offerings in Australia.