Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 201,900 shares, an increase of 14,321.4% from the May 31st total of 1,400 shares. Based on an average trading volume of 144,600 shares, the days-to-cover ratio is presently 1.4 days.

Life Healthcare Group Stock Performance

Shares of OTCMKTS:LTGHY traded up $0.12 during trading on Friday, reaching $2.83. 10,379 shares of the company were exchanged, compared to its average volume of 99,750. The business’s fifty day simple moving average is $2.48 and its 200-day simple moving average is $3.34. Life Healthcare Group has a 12-month low of $2.05 and a 12-month high of $4.89.

Life Healthcare Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Friday, June 14th will be given a dividend of $0.0287 per share. The ex-dividend date of this dividend is Friday, June 14th. Life Healthcare Group’s dividend payout ratio (DPR) is presently 17.73%.

Life Healthcare Group Company Profile

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.