Cochlear Limited (OTCMKTS:CHEOF – Get Free Report) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 71,687 shares, an increase of 50.9% from the February 12th total of 47,507 shares. Based on an average trading volume of 230 shares, the short-interest ratio is currently 311.7 days. Based on an average trading volume of 230 shares, the short-interest ratio is currently 311.7 days.
Cochlear Price Performance
CHEOF stock opened at $124.94 on Monday. The company has a fifty day moving average price of $171.19 and a two-hundred day moving average price of $180.32. Cochlear has a one year low of $124.94 and a one year high of $207.71.
Cochlear Company Profile
Cochlear (OTCMKTS:CHEOF) is a global medical device company specializing in implantable hearing solutions. The company researches, develops, manufactures and markets cochlear implants, bone conduction hearing devices and acoustic implants designed to improve hearing outcomes for individuals with varying degrees of hearing loss. Cochlear’s product portfolio includes implant processors, electrode arrays and sound processor accessories, supported by proprietary digital signal processing technologies.
Founded in 1981 and headquartered in Sydney, Australia, Cochlear has grown into a multi-national organization with operations in North America, Europe, Asia Pacific and Latin America.
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