Raffles Medical Group Ltd (OTCMKTS:RAFLF) Sees Significant Increase in Short Interest

Raffles Medical Group Ltd (OTCMKTS:RAFLF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 26,300 shares, an increase of 13,050.0% from the May 31st total of 200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Raffles Medical Group Stock Performance

Raffles Medical Group stock remained flat at $0.74 during mid-day trading on Friday. Raffles Medical Group has a fifty-two week low of $0.73 and a fifty-two week high of $0.83. The firm has a 50 day simple moving average of $0.74 and a two-hundred day simple moving average of $0.75.

About Raffles Medical Group

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.