Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Sees Significant Increase in Short Interest

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 42,600 shares, a growth of 60.8% from the March 31st total of 26,500 shares. Based on an average trading volume of 203,600 shares, the short-interest ratio is currently 0.2 days.

Life Healthcare Group Trading Up 3.1 %

OTCMKTS:LTGHY traded up $0.06 during mid-day trading on Friday, hitting $2.15. The stock had a trading volume of 49,191 shares, compared to its average volume of 107,975. The company has a 50 day simple moving average of $3.58 and a 200-day simple moving average of $3.81. Life Healthcare Group has a 52 week low of $2.05 and a 52 week high of $4.90.

Life Healthcare Group Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Friday, April 5th were issued a dividend of $0.9828 per share. The ex-dividend date of this dividend was Thursday, April 4th. This is a boost from Life Healthcare Group’s previous dividend of $0.04. Life Healthcare Group’s payout ratio is 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.