Carl Zeiss Meditec AG (OTCMKTS:CZMWY) Sees Large Drop in Short Interest

Carl Zeiss Meditec AG (OTCMKTS:CZMWY) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 600 shares, a decrease of 81.8% from the November 15th total of 3,300 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 0.0 days.

Carl Zeiss Meditec Price Performance

Carl Zeiss Meditec stock traded down $3.60 during mid-day trading on Thursday, hitting $53.55. The stock had a trading volume of 11,915 shares, compared to its average volume of 4,895. Carl Zeiss Meditec has a 12 month low of $53.13 and a 12 month high of $134.60. The stock has a 50-day simple moving average of $64.66 and a two-hundred day simple moving average of $70.11.

Carl Zeiss Meditec Company Profile

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.