Envoy Medical, Inc. (NASDAQ:COCHW) Sees Large Increase in Short Interest

Envoy Medical, Inc. (NASDAQ:COCHW) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 57,426 shares, a growth of 274.5% from the June 30th total of 15,332 shares. Based on an average daily trading volume, of 25,476 shares, the days-to-cover ratio is presently 2.3 days.

Envoy Medical Price Performance

Shares of NASDAQ COCHW traded up $0.00 during mid-day trading on Monday, hitting $0.04. The stock had a trading volume of 1,421 shares, compared to its average volume of 22,341. The company has a 50 day moving average of $0.05 and a two-hundred day moving average of $0.05. Envoy Medical has a twelve month low of $0.02 and a twelve month high of $0.14.

Envoy Medical Company Profile

Envoy Medical, Inc, a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc in September 2023. Envoy Medical, Inc was founded in 1995 and is headquartered in White Bear Lake, Minnesota.