Raffles Medical Group Ltd (OTCMKTS:RAFLF – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 493,175 shares, a drop of 60.5% from the September 15th total of 1,247,998 shares. Based on an average trading volume of 18 shares, the short-interest ratio is presently 27,398.6 days.
Raffles Medical Group Stock Performance
RAFLF stock opened at $0.64 on Thursday. Raffles Medical Group has a 52-week low of $0.64 and a 52-week high of $0.75. The company’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $0.74.
About Raffles Medical Group
Raffles Medical Group is a Singapore-based private healthcare provider that operates an integrated network of medical facilities and related services. Its activities include primary care clinics, specialist services, hospitals, diagnostic imaging, laboratory testing, emergency care, and health screening.
The group serves individual patients, corporate clients, expatriates, and international patients. Its flagship Raffles Hospital in Singapore provides multidisciplinary inpatient and outpatient care, while the broader Raffles Medical clinic network offers general practice, specialist consultations, preventive care, and occupational health services.
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