Sonova Holding (OTCMKTS:SONVY) Short Interest Update

Sonova Holding (OTCMKTS:SONVY) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 11,643 shares, an increase of 41.2% from the January 29th total of 8,247 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 50,154 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 50,154 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Sonova Price Performance

Shares of SONVY opened at $51.92 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 1.24 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average is $53.02 and its two-hundred day moving average is $54.02. Sonova has a 52-week low of $47.55 and a 52-week high of $68.76.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Zacks Research upgraded Sonova from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Royal Bank Of Canada raised shares of Sonova to a “moderate buy” rating in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Sonova Company Profile

Sonova AG (OTCMKTS:SONVY) is a Switzerland-based provider of hearing care solutions, headquartered in Stäfa. The company designs, develops, manufactures and distributes a range of audiological products and related services aimed at improving hearing and communication for people with hearing loss. Its portfolio spans behind-the-ear and in-the-ear hearing instruments, wireless accessories and software solutions that enable connectivity with consumer devices and audiological fittings.

Sonova markets its products under several well-known brands, including Phonak and Unitron for hearing aids, and it is also associated with Advanced Bionics for cochlear implant systems.