Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Up 73.1% in August

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 61,760 shares, a growth of 73.1% from the July 30th total of 35,685 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 72,368 shares, the short-interest ratio is currently 0.9 days.

Life Healthcare Group Stock Down 1.2%

Shares of OTCMKTS LTGHY opened at $2.89 on Wednesday. Life Healthcare Group has a 1 year low of $2.24 and a 1 year high of $3.36. The stock’s 50-day simple moving average is $2.69 and its 200-day simple moving average is $2.73.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Life Healthcare Group to a “hold” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Life Healthcare Group presently has an average rating of “Hold”.

Life Healthcare Group Company Profile

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.