Raffles Medical Group Ltd (OTCMKTS:RAFLF) Sees Significant Growth in Short Interest

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 874,127 shares, an increase of 2,395.6% from the July 30th total of 35,027 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Raffles Medical Group Stock Performance

RAFLF stock opened at $0.67 on Thursday. Raffles Medical Group has a 1-year low of $0.67 and a 1-year high of $0.75. The business has a 50-day moving average price of $0.74 and a 200 day moving average price of $0.77.

About Raffles Medical Group

Raffles Medical Group is a Singapore-based integrated private healthcare provider offering a comprehensive continuum of medical services. Since its founding in 1976, the company has developed a network of primary care clinics, specialist centres, hospitals and ancillary services designed to meet both routine and complex healthcare needs. Its flagship facility, Raffles Hospital in Singapore, serves as a tertiary care referral centre, while its affiliated Raffles Health Clinics deliver accessible outpatient care across multiple urban locations.

The group’s service portfolio spans general practice, specialist consultations, dental and aesthetic treatments, health screenings and inpatient hospital care.