Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHHY) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decline of 96.9% from the February 28th total of 12,800 shares. Based on an average daily trading volume, of 107,900 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Sonic Healthcare Trading Up 1.1 %

Shares of SKHHY traded up $0.18 during midday trading on Friday, hitting $16.30. The company’s stock had a trading volume of 51,724 shares, compared to its average volume of 42,075. Sonic Healthcare has a one year low of $15.24 and a one year high of $20.59. The company’s fifty day simple moving average is $17.31 and its two-hundred day simple moving average is $17.66.

Sonic Healthcare Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 6th will be paid a $0.2816 dividend. The ex-dividend date is Thursday, March 6th.

Analysts Set New Price Targets

Separately, Morgan Stanley set a $28.10 price target on shares of Sonic Healthcare in a research report on Wednesday, March 19th.

Sonic Healthcare Company Profile

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.