Short Interest in Cochlear Limited (OTCMKTS:CHEOY) Decreases By 91.7%

Cochlear Limited (OTCMKTS:CHEOY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 100 shares, a drop of 91.7% from the November 30th total of 1,200 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is currently 0.0 days.

Cochlear Trading Up 0.3 %

Shares of Cochlear stock traded up $0.24 on Thursday, hitting $92.02. 13,238 shares of the company traded hands, compared to its average volume of 5,424. Cochlear has a 52 week low of $89.39 and a 52 week high of $115.85. The business has a 50-day simple moving average of $95.63 and a 200 day simple moving average of $101.53.

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.