ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Update

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, a decrease of 99.1% from the June 30th total of 90,400 shares. Based on an average trading volume of 128,900 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised ConvaTec Group to a “strong-buy” rating in a report on Wednesday, June 26th.

ConvaTec Group Stock Performance

OTCMKTS:CNVVY traded down $0.18 on Thursday, hitting $13.02. 7,843 shares of the stock were exchanged, compared to its average volume of 33,180. The company’s 50-day moving average price is $12.74 and its 200 day moving average price is $13.02. ConvaTec Group has a 52 week low of $9.90 and a 52 week high of $15.40.

ConvaTec Group Company Profile

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.