Short Interest in Cochlear Limited (OTCMKTS:CHEOF) Expands By 18.3%

Cochlear Limited (OTCMKTS:CHEOF) saw 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 trading volume, of 100 shares, the short-interest ratio is currently 342.0 days.

Cochlear Price Performance

Shares of OTCMKTS:CHEOF traded down $11.36 on Friday, reaching $180.59. 250 shares of the company traded hands, compared to its average volume of 125. The company’s 50 day moving average is $185.88 and its 200-day moving average is $198.55. Cochlear has a fifty-two week low of $163.89 and a fifty-two week 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.