Cochlear Limited (OTCMKTS:CHEOY) Sees Significant Growth in Short Interest

Cochlear Limited (OTCMKTS:CHEOYGet Free Report) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 5,100 shares, a growth of 466.7% from the January 31st total of 900 shares. Based on an average trading volume of 7,800 shares, the short-interest ratio is presently 0.7 days.

Cochlear Price Performance

Shares of Cochlear stock traded down $1.60 during trading hours on Thursday, hitting $112.90. The company’s stock had a trading volume of 2,164 shares, compared to its average volume of 3,074. The business has a fifty day moving average of $102.03 and a 200 day moving average of $90.82. Cochlear has a 1-year low of $73.66 and a 1-year high of $114.50.

About Cochlear

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Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.

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