Short Interest in Envoy Medical, Inc. (NASDAQ:COCHW) Grows By 274.5%

Envoy Medical, Inc. (NASDAQ:COCHW) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 57,426 shares, a growth of 274.5% from the June 30th total of 15,332 shares. Based on an average trading volume of 25,476 shares, the days-to-cover ratio is currently 2.3 days.

Envoy Medical Stock Performance

Shares of NASDAQ:COCHW traded up $0.01 during trading hours on Friday, hitting $0.04. 281 shares of the company’s stock traded hands, compared to its average volume of 22,566. The company’s fifty day simple moving average is $0.05 and its two-hundred day simple moving average is $0.05. Envoy Medical has a 52 week low of $0.02 and a 52 week high of $0.14.

Envoy Medical Company Profile

Envoy Medical, Inc, a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc in September 2023. Envoy Medical, Inc was founded in 1995 and is headquartered in White Bear Lake, Minnesota.