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

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 21,335 shares, an increase of 218.0% from the May 14th total of 6,710 shares. Based on an average daily trading volume, of 87,080 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

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

Life Healthcare Group Price Performance

OTCMKTS LTGHY traded up $0.14 on Friday, reaching $2.61. The stock had a trading volume of 44,802 shares, compared to its average volume of 59,462. The firm has a fifty day moving average of $2.78 and a two-hundred day moving average of $2.75. Life Healthcare Group has a 1-year low of $2.24 and a 1-year high of $3.36. The company has a market cap of $957.22 million and a P/E ratio of 0.25.

Life Healthcare Group Company Profile

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.