Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 25,513 shares, a growth of 200.0% from the June 30th total of 8,505 shares. Based on an average daily volume of 119,990 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Life Healthcare Group Stock Up 1.2%

OTCMKTS LTGHY traded up $0.03 during trading hours on Monday, hitting $2.54. 3,090 shares of the company were exchanged, compared to its average volume of 59,502. Life Healthcare Group has a 52 week low of $2.24 and a 52 week high of $3.36. The stock has a 50-day moving average price of $2.56 and a 200 day moving average price of $2.74. The stock has a market cap of $933.38 million and a PE ratio of 0.25.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Life Healthcare Group to a “hold” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average 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.