Cochlear Limited (OTCMKTS:CHEOF) Short Interest Update

Cochlear Limited (OTCMKTS:CHEOF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 28,900 shares, a drop of 15.2% from the November 30th total of 34,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 289.0 days.

Cochlear Stock Down 4.3 %

CHEOF stock traded down $8.16 during trading on Friday, reaching $182.05. 17 shares of the company were exchanged, compared to its average volume of 170. The stock’s 50 day moving average price is $187.12 and its 200 day moving average price is $201.76. Cochlear has a 52-week low of $163.89 and a 52-week high of $237.38.

Cochlear Company Profile

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.