Cochlear Limited (OTCMKTS:CHEOY – Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 200 shares, a growth of 100.0% from the December 15th total of 100 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group began coverage on shares of Cochlear in a report on Thursday. They set a “neutral” rating on the stock.
Read Our Latest Stock Report on Cochlear
Cochlear Stock Down 2.5 %
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.
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