Cochlear Limited (OTCMKTS:CHEOY) Short Interest Down 70.0% in June

Cochlear Limited (OTCMKTS:CHEOY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 300 shares, a decline of 70.0% from the May 31st total of 1,000 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 0.1 days.

Cochlear Stock Up 0.8 %

Shares of CHEOY traded up $0.82 during midday trading on Friday, reaching $108.67. The stock had a trading volume of 2,038 shares, compared to its average volume of 2,352. Cochlear has a 52 week low of $73.73 and a 52 week high of $114.50. The firm’s 50 day moving average price is $107.17 and its 200-day moving average price is $105.28.

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.