Cochlear Limited (OTCMKTS:CHEOF) Short Interest Down 25.7% in November

Cochlear Limited (OTCMKTS:CHEOF) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 34,100 shares, a decline of 25.7% from the November 15th total of 45,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 341.0 days.

Cochlear Stock Performance

CHEOF stock remained flat at $182.00 during midday trading on Friday. The business’s fifty day moving average is $190.04 and its 200 day moving average is $204.38. Cochlear has a 12 month low of $163.89 and a 12 month high of $237.38.

About Cochlear

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.