Ryman Healthcare Ltd. Unsponsored ADR (OTCMKTS:RYHTY) Sees Significant Drop in Short Interest

Ryman Healthcare Ltd. Unsponsored ADR (OTCMKTS:RYHTY) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 44 shares, a decline of 45.7% from the April 30th total of 81 shares. Based on an average daily volume of 14 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.0% of the shares of the stock are short sold.

Ryman Healthcare Price Performance

Shares of RYHTY stock remained flat at $6.11 on Tuesday. Ryman Healthcare has a twelve month low of $6.11 and a twelve month high of $8.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.17 and a current ratio of 0.17. The firm’s 50-day moving average is $6.20 and its 200-day moving average is $7.35.

About Ryman Healthcare

Ryman Healthcare (OTCMKTS:RYHTY) is a New Zealand–based developer, owner and operator of retirement communities, offering residents independent living apartments, care suites and a full continuum of aged-care services. Through its portfolio of villages, Ryman provides retirement living together with on-site healthcare support ranging from rest home and dementia care to hospital-level services. Its integrated model combines property development with aged-care operations, delivering long-term accommodation solutions tailored to the needs of seniors.

Founded in the mid-1980s and publicly listed on the New Zealand and Australian stock exchanges, Ryman Healthcare has grown to become one of the country’s leading retirement-village operators.