Short Interest in Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Grows By 76.7%

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,300 shares, an increase of 76.7% from the February 28th total of 3,000 shares. Based on an average daily volume of 97,500 shares, the days-to-cover ratio is currently 0.1 days.

Life Healthcare Group Stock Performance

Shares of LTGHY opened at $3.01 on Monday. The company’s 50 day simple moving average is $3.20 and its 200-day simple moving average is $3.49. Life Healthcare Group has a 12-month low of $2.05 and a 12-month high of $4.60.

About Life Healthcare Group

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.