Sonova Holding AG (OTCMKTS:SONVY) Sees Large Increase in Short Interest

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a growth of 600.0% from the February 29th total of 200 shares. Based on an average daily trading volume, of 14,100 shares, the short-interest ratio is presently 0.1 days.

Sonova Trading Down 0.7 %

Shares of Sonova stock traded down $0.41 on Thursday, reaching $57.95. 15,019 shares of the company’s stock were exchanged, compared to its average volume of 9,884. Sonova has a 52 week low of $45.54 and a 52 week high of $66.13. The firm’s 50-day moving average is $63.29 and its two-hundred day moving average is $57.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.29 and a quick ratio of 0.90.

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.