Sonova Holding AG (OTCMKTS:SONVY – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,800 shares, a decline of 85.4% from the October 15th total of 19,200 shares. Based on an average daily volume of 38,300 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. UBS Group raised Sonova to a “hold” rating in a research report on Tuesday, August 13th. The Goldman Sachs Group raised Sonova to a “strong sell” rating in a report on Tuesday, October 22nd.
Check Out Our Latest Stock Report on SONVY
Sonova Stock Performance
Sonova Company Profile
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.
Further Reading
- Five stocks we like better than Sonova
- How to Calculate Options Profits
- Rocket Lab is the Right Stock for the Right Time
- Short Selling: How to Short a Stock
- SoundHound AI Will Advance By Triple Digits in 2025: Here’s Why
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Celsius Holdings: Big Drop, Big Opportunity? Analysts Say Yes
Receive News & Ratings for Sonova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonova and related companies with MarketBeat.com's FREE daily email newsletter.