Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Up 200.0% in July

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 25,513 shares, an increase of 200.0% from the June 30th total of 8,505 shares. Based on an average daily trading volume, of 119,990 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Life Healthcare Group Trading Up 1.6%

Shares of Life Healthcare Group stock opened at $2.62 on Wednesday. The stock has a market capitalization of $960.88 million and a price-to-earnings ratio of 0.25. Life Healthcare Group has a twelve month low of $2.24 and a twelve month high of $3.36. The business’s 50 day simple moving average is $2.56 and its 200-day simple moving average is $2.73.

Analysts Set New Price Targets

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

About Life Healthcare Group

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.