Sonova Holding AG (OTCMKTS:SONVY) Short Interest Up 225.0% in November

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 9,100 shares, a growth of 225.0% from the October 31st total of 2,800 shares. Based on an average daily volume of 27,100 shares, the short-interest ratio is presently 0.3 days.

Sonova Stock Down 0.8 %

SONVY traded down $0.58 during trading on Friday, hitting $68.26. The company had a trading volume of 5,603 shares, compared to its average volume of 41,870. Sonova has a 1-year low of $54.18 and a 1-year high of $77.56. The company has a current ratio of 1.45, a quick ratio of 1.07 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average of $72.23 and a 200-day moving average of $67.20.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SONVY. Barclays cut shares of Sonova from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Citigroup raised shares of Sonova to a "strong sell" rating in a research report on Thursday, November 21st. UBS Group raised Sonova to a "hold" rating in a research report on Tuesday, August 13th. Finally, The Goldman Sachs Group raised Sonova to a "strong sell" rating in a research report on Tuesday, October 22nd.

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.