Cochlear Limited (OTCMKTS:CHEOF) Sees Large Growth in Short Interest

Cochlear Limited (OTCMKTS:CHEOF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 86,700 shares, a growth of 21.1% from the August 15th total of 71,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 867.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 867.0 days.

Cochlear Price Performance

Cochlear stock opened at $200.28 on Friday. The business has a 50 day moving average of $199.66 and a 200-day moving average of $181.78. Cochlear has a 1 year low of $148.62 and a 1 year high of $208.93.

Cochlear Company Profile

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.