Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Declines By 60.0%

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 800 shares, a decrease of 60.0% from the February 28th total of 2,000 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 35,400 shares, the days-to-cover ratio is presently 0.0 days.

Sonova Stock Performance

Shares of SONVY traded up $0.26 during mid-day trading on Friday, hitting $59.50. The stock had a trading volume of 14,760 shares, compared to its average volume of 16,816. Sonova has a fifty-two week low of $54.18 and a fifty-two week high of $77.56. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.21 and a quick ratio of 0.82. The company's fifty day simple moving average is $65.08 and its two-hundred day simple moving average is $68.11.

Sonova Company Profile

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.