Cogna Educação S.A. (OTCMKTS:COGNY) Sees Large Decrease in Short Interest

Cogna Educação S.A. (OTCMKTS:COGNY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,576 shares, a decrease of 72.9% from the August 31st total of 20,546 shares. Based on an average daily volume of 3,402 shares, the short-interest ratio is currently 1.6 days.

Cogna Educação Price Performance

OTCMKTS COGNY remained flat at $0.42 during trading hours on Friday. The business’s 50 day simple moving average is $0.42 and its 200 day simple moving average is $0.49. Cogna Educação has a 1-year low of $0.35 and a 1-year high of $0.89.

Cogna Educação Company Profile

Cogna Educação SA is a Brazilian education company that operates across basic and higher education. The company provides educational services through in-person and digital learning models, serving students from school age through undergraduate and postgraduate programs.

Its higher-education operations, historically associated with the Kroton brand, include degree programs, professional training and distance-learning offerings. Cogna also develops and distributes educational content, technology platforms and learning solutions for students, institutions and educators.

The company traces its origins to the Pitágoras education network, established in Brazil in 1966, and adopted the Cogna Educação name in 2019 as part of a broader corporate reorganization.