Cochlear Limited (OTCMKTS:CHEOF) Short Interest Update

Cochlear Limited (OTCMKTS:CHEOF) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 47,507 shares, a decline of 48.1% from the January 29th total of 91,528 shares. Based on an average daily trading volume, of 319 shares, the short-interest ratio is currently 148.9 days. Based on an average daily trading volume, of 319 shares, the short-interest ratio is currently 148.9 days.

Cochlear Stock Performance

CHEOF stock traded up $2.63 during trading hours on Friday, reaching $139.00. The stock had a trading volume of 964 shares, compared to its average volume of 204. The stock has a 50-day simple moving average of $178.20 and a 200 day simple moving average of $184.35. Cochlear has a fifty-two week low of $135.16 and a fifty-two week high of $207.71.

Cochlear Company Profile

Cochlear (OTCMKTS:CHEOF) is a global medical device company specializing in implantable hearing solutions. The company researches, develops, manufactures and markets cochlear implants, bone conduction hearing devices and acoustic implants designed to improve hearing outcomes for individuals with varying degrees of hearing loss. Cochlear’s product portfolio includes implant processors, electrode arrays and sound processor accessories, supported by proprietary digital signal processing technologies.

Founded in 1981 and headquartered in Sydney, Australia, Cochlear has grown into a multi-national organization with operations in North America, Europe, Asia Pacific and Latin America.