Sonic Healthcare Limited (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Limited (OTCMKTS:SKHHY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a drop of 96.9% from the February 28th total of 12,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 107,900 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Morgan Stanley set a $28.10 target price on Sonic Healthcare in a report on Wednesday, March 19th.

Sonic Healthcare Trading Up 1.1 %

SKHHY stock traded up $0.18 during mid-day trading on Friday, hitting $16.30. 51,724 shares of the company were exchanged, compared to its average volume of 42,075. Sonic Healthcare has a 1-year low of $15.24 and a 1-year high of $20.59. The business has a 50 day simple moving average of $17.31 and a 200-day simple moving average of $17.66.

Sonic Healthcare Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 6th will be given a dividend of $0.2816 per share. The ex-dividend date is Thursday, March 6th.

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.