Fisher & Paykel Healthcare Co. Limited (OTCMKTS:FSPKF) Shares Shorted: Short Interest Down 66.5% in September

Fisher & Paykel Healthcare Co. Limited (OTCMKTS:FSPKF – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 10,416 shares, a decrease of 66.5% from the August 31st total of 31,081 shares. Based on an average daily trading volume, of 6,751 shares, the short-interest ratio is presently 1.5 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada raised Fisher & Paykel Healthcare from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. Citigroup raised Fisher & Paykel Healthcare to a “buy” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

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Fisher & Paykel Healthcare Price Performance

Shares of Fisher & Paykel Healthcare stock remained flat at $26.01 on Tuesday. 302 shares of the stock were exchanged, compared to its average volume of 3,263. The stock’s fifty day simple moving average is $24.81 and its two-hundred day simple moving average is $23.21. Fisher & Paykel Healthcare has a twelve month low of $19.01 and a twelve month high of $26.53.

Fisher & Paykel Healthcare Company Profile

(Get Free Report)

Fisher & Paykel Healthcare Corporation Limited is a New Zealand-based medical device company that develops, manufactures and markets products for respiratory care, acute care and the treatment of obstructive sleep apnea. The company’s offerings are designed for use in hospitals, intensive care units, operating rooms and homes.

Its product portfolio includes respiratory humidification systems, nasal high-flow therapy systems, noninvasive ventilation equipment, continuous positive airway pressure (CPAP) and bilevel masks, neonatal respiratory care products, and related consumables and accessories.

Further Reading

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