Cochlear Limited (OTCMKTS:CHEOY) Sees Large Decrease in Short Interest

Cochlear Limited (OTCMKTS:CHEOY) was the recipient of a significant drop in short interest during the month of 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 volume of 14,900 shares, the days-to-cover ratio is currently 0.0 days.

Cochlear Trading Down 0.8 %

Shares of CHEOY stock traded down $0.49 on Friday, hitting $91.29. 13,119 shares of the stock traded hands, compared to its average volume of 5,455. Cochlear has a twelve month low of $89.39 and a twelve month high of $115.85. The firm’s 50-day moving average price is $95.45 and its two-hundred day moving average price is $101.33.

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.