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

Cochlear Limited (OTCMKTS:CHEOF) saw a large drop in short interest in 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 daily volume of 100 shares, the short-interest ratio is currently 310.0 days.

Cochlear Stock Performance

OTCMKTS CHEOF traded down $18.64 on Monday, hitting $166.25. 48 shares of the company’s stock traded hands, compared to its average volume of 103. Cochlear has a 1-year low of $159.16 and a 1-year high of $237.38. The firm’s 50-day moving average price is $186.60 and its two-hundred day moving average price is $193.38.

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.