Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 5,900 shares, a decrease of 22.4% from the September 15th total of 7,600 shares. Based on an average daily trading volume, of 202,000 shares, the days-to-cover ratio is presently 0.0 days.

Sonova Price Performance

Sonova stock opened at $74.25 on Tuesday. Sonova has a 1 year low of $46.02 and a 1 year high of $74.67. The firm’s 50-day moving average is $69.61 and its 200-day moving average is $63.48. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.07 and a current ratio of 1.45.

Analyst Ratings Changes

Separately, UBS Group raised Sonova to a “hold” rating in a research report on Tuesday, August 13th.

About Sonova

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.