Short Interest in Sonova Holding AG (OTCMKTS:SONVY) Decreases By 60.0%

Sonova Holding AG (OTCMKTS:SONVY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a decrease of 60.0% from the February 28th total of 2,000 shares. Based on an average daily trading volume, of 35,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Sonova Trading Down 1.4 %

Sonova stock opened at $59.76 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 1.21. Sonova has a 12-month low of $54.18 and a 12-month high of $77.56. The firm has a 50-day moving average price of $65.36 and a 200-day moving average price of $68.29.

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.