Cochlear Limited (OTCMKTS:CHEOF) Short Interest Down 18.8% in January

Cochlear Limited (OTCMKTS:CHEOF) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 31,000 shares, a drop of 18.8% from the January 15th total of 38,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 310.0 days.

Cochlear Stock Down 10.1 %

Shares of OTCMKTS CHEOF traded down $18.64 during midday trading on Friday, reaching $166.25. 48 shares of the company traded hands, compared to its average volume of 103. The stock’s 50-day simple moving average is $186.60 and its 200-day simple moving average is $193.38. Cochlear has a 12 month low of $159.16 and a 12 month 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.