Short Interest in Raffles Medical Group Ltd (OTCMKTS:RAFLF) Grows By 20.3%

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 191,200 shares, a growth of 20.3% from the August 15th total of 159,000 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 106.2 days.

Raffles Medical Group Stock Performance

Raffles Medical Group stock remained flat at $0.65 during midday trading on Monday. Raffles Medical Group has a one year low of $0.65 and a one year high of $0.83. The firm has a 50 day moving average of $0.70 and a 200-day moving average of $0.73.

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.