Raffles Medical Group Ltd (OTCMKTS:RAFLF) Sees Significant Growth in Short Interest

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 25,300 shares, an increase of 25,200.0% from the February 28th total of 100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Raffles Medical Group Price Performance

Shares of OTCMKTS RAFLF remained flat at $0.60 during mid-day trading on Wednesday. The business has a 50 day simple moving average of $0.60 and a 200-day simple moving average of $0.64. Raffles Medical Group has a 1-year low of $0.60 and a 1-year high of $0.74.

Raffles Medical Group Company Profile

Raffles Medical Group Ltd provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan. The company operates through Healthcare Services, Hospital Services, Investment Holdings, and Insurance Services segments. Its Raffles Hospital, a tertiary care hospital that offers a range of medical and surgical facilities include day angiography suites, operating theatres, delivery suites, intensive care unit, neonatal intensive care unit, radiology, clinical laboratory, and dental services.