Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Shares Shorted: Short Interest Down 52.5% in October

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 22,064 shares, a decrease of 52.5% from the September 30th total of 46,481 shares. Based on an average daily volume of 66,379 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Life Healthcare Group Stock Performance

LTGHY traded down $0.04 during trading on Friday, reaching $2.98. The company had a trading volume of 28,467 shares, compared to its average volume of 28,416. Life Healthcare Group has a 12 month low of $2.24 and a 12 month high of $3.36. The business’s fifty day moving average price is $2.92 and its 200 day moving average price is $2.78.

About Life Healthcare Group

Life Healthcare Group is a South African healthcare provider that operates private hospitals and related medical facilities. Its services include acute hospital care, mental healthcare, rehabilitation, renal dialysis, and other specialized clinical services delivered through its healthcare network.

The company also has an international healthcare technology and diagnostics business through Life Molecular Imaging, which develops and supplies positron emission tomography (PET) radiopharmaceuticals used in the diagnosis and management of diseases, including neurological conditions.