Sonova Holding AG (OTCMKTS:SONVY) Short Interest Down 60.0% in March

Sonova Holding AG (OTCMKTS:SONVY) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 800 shares, a decline of 60.0% from the February 28th total of 2,000 shares. Based on an average trading volume of 35,400 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Sonova Price Performance

OTCMKTS:SONVY opened at $59.76 on Thursday. The company has a quick ratio of 0.82, a current ratio of 1.21 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average of $65.36 and a 200 day moving average of $68.29. Sonova has a 1-year low of $54.18 and a 1-year high of $77.56.

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.