Coloplast A/S (OTCMKTS:CLPBF) Sees Large Increase in Short Interest

Coloplast A/S (OTCMKTS:CLPBFGet Rating) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 293,200 shares, a growth of 31.5% from the August 15th total of 223,000 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 195.5 days.

Coloplast A/S Stock Performance

Shares of OTCMKTS:CLPBF opened at $119.47 on Friday. Coloplast A/S has a 52-week low of $103.24 and a 52-week high of $180.66. The stock’s fifty day simple moving average is $117.64 and its 200-day simple moving average is $125.71.

Coloplast A/S Company Profile

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Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates in three segments: Chronic Care, Interventional Urology, and Wound & Skin Care. It provides ostomy care products, including SenSura Mio, which provides fit individual body shapes and optimal discretion for various types of ostomies; and SenSura Ostomy care solutions, as well as ostomy accessories under the Brava brand.

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