Cochlear Limited (OTCMKTS:CHEOY) Sees Significant Growth in Short Interest

Cochlear Limited (OTCMKTS:CHEOY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 200 shares, an increase of 100.0% from the December 15th total of 100 shares. Based on an average trading volume of 35,500 shares, the short-interest ratio is currently 0.0 days.

Cochlear Stock Up 4.1 %

Shares of Cochlear stock traded up $3.77 during trading hours on Wednesday, hitting $96.59. The company’s stock had a trading volume of 7,176 shares, compared to its average volume of 11,586. The stock has a 50 day moving average of $94.93 and a 200 day moving average of $99.84. Cochlear has a 12 month low of $89.39 and a 12 month high of $115.85.

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.