Cochlear Limited (OTCMKTS:CHEOF) Short Interest Up 18.3% in December

Cochlear Limited (OTCMKTS:CHEOF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 34,200 shares, a growth of 18.3% from the December 15th total of 28,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 342.0 days.

Cochlear Trading Down 5.9 %

Shares of OTCMKTS:CHEOF traded down $11.36 during trading on Friday, reaching $180.59. 250 shares of the company traded hands, compared to its average volume of 125. The firm has a fifty day simple moving average of $185.88 and a 200 day simple moving average of $198.55. Cochlear has a 1-year low of $163.89 and a 1-year high of $237.38.

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.