Cochlear Limited (OTCMKTS:CHEOF) Short Interest Update

Cochlear Limited (OTCMKTS:CHEOF) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 47,507 shares, a decline of 48.1% from the January 29th total of 91,528 shares. Based on an average trading volume of 319 shares, the short-interest ratio is presently 148.9 days. Based on an average trading volume of 319 shares, the short-interest ratio is presently 148.9 days.

Cochlear Stock Performance

Shares of OTCMKTS CHEOF opened at $136.37 on Friday. The firm has a fifty day simple moving average of $178.87 and a two-hundred day simple moving average of $184.86. Cochlear has a 12 month low of $135.16 and a 12 month 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.