Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) saw a significant drop in short interest in 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. Based on an average daily trading volume, of 107,900 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Sonic Healthcare Trading Down 1.4 %
Shares of OTCMKTS SKHHY traded down $0.23 during trading on Friday, reaching $16.07. The company had a trading volume of 47,640 shares, compared to its average volume of 42,160. Sonic Healthcare has a 52 week low of $15.24 and a 52 week high of $20.59. The business's 50 day moving average price is $17.29 and its 200-day moving average price is $17.64.
Sonic Healthcare Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 6th will be given a $0.2816 dividend. The ex-dividend date is Thursday, March 6th.
Analyst Ratings Changes
Separately, Morgan Stanley set a $28.10 target price on Sonic Healthcare in a report on Wednesday, March 19th.
Check Out Our Latest Stock Report on SKHHY
About Sonic Healthcare
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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.
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