Raffles Medical Group Ltd (OTCMKTS:RAFLF) Sees Large Decrease in Short Interest

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 50.0% from the November 30th total of 200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Raffles Medical Group Stock Performance

OTCMKTS:RAFLF remained flat at $0.67 during midday trading on Friday. Raffles Medical Group has a one year low of $0.65 and a one year high of $0.77. The business’s 50 day simple moving average is $0.67 and its two-hundred day simple moving average is $0.69.

Raffles Medical Group Company Profile

Raffles Medical Group Ltd provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan. The company operates through Healthcare Services, Hospital Services, Investment Holdings, and Insurance Services segments. Its Raffles Hospital, a tertiary care hospital that offers a range of medical and surgical facilities include day angiography suites, operating theatres, delivery suites, intensive care unit, neonatal intensive care unit, radiology, clinical laboratory, and dental services.