Sonic Healthcare Limited (OTCMKTS:SKHHY – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 3,200 shares, a decline of 84.5% from the August 15th total of 20,600 shares. Based on an average daily volume of 64,700 shares, the days-to-cover ratio is currently 0.0 days.
Analysts Set New Price Targets
Separately, Royal Bank of Canada raised shares of Sonic Healthcare to a “hold” rating in a research report on Monday, August 26th.
Read Our Latest Research Report on SKHHY
Sonic Healthcare Price Performance
Sonic Healthcare Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 5th will be given a $0.3843 dividend. This is a boost from Sonic Healthcare’s previous dividend of $0.25. The ex-dividend date is Thursday, September 5th.
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.
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