Sonic Healthcare Limited (OTCMKTS:SKHCF) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHCF) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 783,238 shares, a decline of 35.0% from the August 15th total of 1,205,502 shares. Based on an average daily trading volume, of 203 shares, the days-to-cover ratio is currently 3,858.3 days.

Sonic Healthcare Stock Performance

OTCMKTS SKHCF remained flat at $13.65 during trading hours on Thursday. 116 shares of the company were exchanged, compared to its average volume of 2,069. The business’s fifty day moving average price is $14.21 and its 200-day moving average price is $13.82. Sonic Healthcare has a 12-month low of $12.00 and a 12-month high of $16.10.

Sonic Healthcare Company Profile

Sonic Healthcare is a global provider of medical diagnostics, specializing in pathology, radiology, and clinical laboratory services. The company offers a broad range of testing services, including blood and tissue analysis, molecular diagnostics, genomics, and advanced imaging procedures. Its laboratories support hospitals, medical practitioners, pharmaceutical and biotechnology firms, as well as public health agencies, delivering diagnostic information that underpins clinical decision-making and research initiatives.

Founded in 1987 and headquartered in Sydney, Australia, Sonic Healthcare has grown through a combination of organic expansion and strategic acquisitions.