Envoy Medical, Inc. (NASDAQ:COCHW) Stock Short Interest Falls 74.6%

Envoy Medical, Inc. (NASDAQ:COCHW) was the recipient of a significant drop in short interest in October. As of October 30th, there was short interest totaling 2,249 shares, a drop of 74.6% from the October 15th total of 8,851 shares. Based on an average daily volume of 15,561 shares, the short-interest ratio is currently 0.1 days.

Envoy Medical Stock Down 0.4%

Envoy Medical stock opened at $0.03 on Thursday. Envoy Medical has a one year low of $0.02 and a one year high of $0.10. The business has a fifty day moving average price of $0.03 and a 200-day moving average price of $0.05.

About Envoy Medical

Envoy Medical is a medical technology company focused on developing and commercializing implantable hearing devices. Its products are designed to help people with hearing loss by using implanted components to process and transmit sound. The company’s product portfolio includes the Esteem active middle ear implant, a fully implantable device for adults with sensorineural hearing loss, and the Acclaim cochlear implant, which is also designed to be fully implanted. Envoy Medical is based in White Bear Lake, Minnesota, and its work centers on advancing hearing technology and expanding access to implantable options.