Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Stock Short Interest Drops 52.5%

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 22,064 shares, a decrease of 52.5% from the September 30th total of 46,481 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 66,379 shares, the short-interest ratio is presently 0.3 days.

Life Healthcare Group Stock Down 1.3%

Life Healthcare Group stock traded down $0.04 during trading hours on Friday, hitting $2.98. 28,467 shares of the company traded hands, compared to its average volume of 28,416. Life Healthcare Group has a 1-year low of $2.24 and a 1-year high of $3.36. The firm’s 50-day simple moving average is $2.92 and its two-hundred day simple moving average is $2.78.

Life Healthcare Group Company Profile

Life Healthcare Group is a South African healthcare provider that operates private hospitals and related medical facilities. Its services include acute hospital care, mental healthcare, rehabilitation, renal dialysis, and other specialized clinical services delivered through its healthcare network.

The company also has an international healthcare technology and diagnostics business through Life Molecular Imaging, which develops and supplies positron emission tomography (PET) radiopharmaceuticals used in the diagnosis and management of diseases, including neurological conditions.