Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Down 72.0% in June

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 8,505 shares, a drop of 72.0% from the June 15th total of 30,370 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 124,084 shares, the days-to-cover ratio is presently 0.1 days.

Life Healthcare Group Stock Down 0.4%

Shares of OTCMKTS:LTGHY traded down $0.01 during midday trading on Monday, hitting $2.64. 51,554 shares of the stock traded hands, compared to its average volume of 59,899. The business’s 50 day moving average is $2.60 and its two-hundred day moving average is $2.75. The stock has a market capitalization of $968.18 million and a PE ratio of 0.25. Life Healthcare Group has a one year low of $2.24 and a one year high of $3.36.

Analyst Ratings Changes

Separately, Zacks Research raised Life Healthcare Group to a “hold” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Life Healthcare Group presently has a consensus rating of “Hold”.

About Life Healthcare Group

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.