Cochlear Limited (OTCMKTS:CHEOF) Short Interest Up 123.7% in February

Cochlear Limited (OTCMKTS:CHEOF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 58,600 shares, a growth of 123.7% from the February 13th total of 26,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 586.0 days.

Cochlear Price Performance

Shares of OTCMKTS CHEOF remained flat at $168.41 during trading on Friday. Cochlear has a 1-year low of $159.16 and a 1-year high of $237.38. The stock has a 50-day moving average price of $182.66 and a 200 day moving average price of $187.50.

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.