Raffles Medical Group Ltd (OTCMKTS:RAFLF) Stock Short Interest Declines 60.5%

Raffles Medical Group Ltd (OTCMKTS:RAFLF – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 493,175 shares, a decrease of 60.5% from the September 15th total of 1,247,998 shares. Based on an average daily volume of 18 shares, the days-to-cover ratio is currently 27,398.6 days.

Raffles Medical Group Stock Performance

RAFLF stock remained flat at $0.64 during midday trading on Tuesday. Raffles Medical Group has a 12 month low of $0.64 and a 12 month high of $0.75. The company’s fifty day simple moving average is $0.68 and its 200 day simple moving average is $0.74.

Raffles Medical Group Company Profile

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Raffles Medical Group is a Singapore-based private healthcare provider that operates an integrated network of medical facilities and related services. Its activities include primary care clinics, specialist services, hospitals, diagnostic imaging, laboratory testing, emergency care, and health screening.

The group serves individual patients, corporate clients, expatriates, and international patients. Its flagship Raffles Hospital in Singapore provides multidisciplinary inpatient and outpatient care, while the broader Raffles Medical clinic network offers general practice, specialist consultations, preventive care, and occupational health services.

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