Sonova Holding AG (OTCMKTS:SONVY) Short Interest Up 287.5% in February

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 21,700 shares, a growth of 287.5% from the January 31st total of 5,600 shares. Based on an average daily volume of 24,000 shares, the short-interest ratio is currently 0.9 days.

Sonova Stock Down 0.2 %

SONVY traded down $0.14 during trading hours on Friday, hitting $64.28. 18,045 shares of the company’s stock were exchanged, compared to its average volume of 15,829. Sonova has a 1-year low of $54.18 and a 1-year high of $77.56. The stock’s 50-day moving average is $66.74 and its two-hundred day moving average is $69.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 1.21.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SONVY shares. Barclays downgraded shares of Sonova from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Citigroup raised shares of Sonova to a “strong sell” rating in a research report on Thursday, November 21st.

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.