Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 25,513 shares, a growth of 200.0% from the June 30th total of 8,505 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 119,990 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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

Life Healthcare Group Stock Performance

LTGHY stock traded up $0.03 during midday trading on Monday, reaching $2.54. The company’s stock had a trading volume of 3,090 shares, compared to its average volume of 59,502. The stock has a fifty day simple moving average of $2.56 and a two-hundred day simple moving average of $2.74. Life Healthcare Group has a 1 year low of $2.24 and a 1 year high of $3.36. The firm has a market capitalization of $933.38 million and a price-to-earnings ratio of 0.25.

About Life Healthcare Group

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.