Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Decreases By 54.1%

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 5,600 shares, a drop of 54.1% from the January 15th total of 12,200 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is presently 0.2 days.

Sonova Stock Up 0.2 %

OTCMKTS:SONVY traded up $0.15 during mid-day trading on Monday, hitting $67.23. 10,394 shares of the company's stock were exchanged, compared to its average volume of 16,987. The company has a 50 day simple moving average of $66.88 and a 200-day simple moving average of $69.15. The company has a quick ratio of 0.82, a current ratio of 1.21 and a debt-to-equity ratio of 0.61. Sonova has a fifty-two week low of $54.18 and a fifty-two week high of $77.56.

Analyst Upgrades and Downgrades

SONVY has been the topic of a number of research analyst reports. Barclays downgraded shares of Sonova from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 20th. The Goldman Sachs Group upgraded shares of Sonova to a "strong sell" rating in a research report on Tuesday, October 22nd. Finally, Citigroup upgraded shares of Sonova to a "strong sell" rating in a research report on Thursday, November 21st.

About Sonova

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.