Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Expands By 187.5%

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,300 shares, an increase of 187.5% from the March 15th total of 800 shares. Based on an average daily volume of 37,500 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Sonova Stock Performance

Shares of SONVY traded down $0.28 during mid-day trading on Thursday, reaching $56.62. 17,631 shares of the company’s stock traded hands, compared to its average volume of 21,845. Sonova has a 12 month low of $52.83 and a 12 month high of $77.56. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 1.21. The business’s 50-day moving average price is $61.24 and its 200-day moving average price is $66.69.

Sonova Company Profile

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.