Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) Short Interest Update

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 224,453 shares, an increase of 90.8% from the July 15th total of 117,659 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 613,487 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised shares of Coloplast A/S to a “strong-buy” rating in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Coloplast A/S Stock Down 0.4%

Shares of OTCMKTS CLPBY traded down $0.03 during mid-day trading on Friday, reaching $6.68. 81,628 shares of the company traded hands, compared to its average volume of 224,815. The company’s fifty day moving average is $6.22 and its two-hundred day moving average is $6.70. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.09 and a current ratio of 1.75. Coloplast A/S has a fifty-two week low of $5.64 and a fifty-two week high of $10.03. The stock has a market cap of $15.05 billion, a PE ratio of 47.71, a price-to-earnings-growth ratio of 2.12 and a beta of 0.13.

Coloplast A/S Company Profile

Coloplast A/S is a global developer and manufacturer of medical devices and services focused on intimate healthcare. The company specializes in solutions designed to assist individuals with chronic medical conditions, aiming to improve quality of life through innovative products. Coloplast’s offerings span ostomy care, continence care, wound and skin care, and interventional urology, targeting patients who require long-term support and specialized treatments.

In its ostomy business, Coloplast provides pouches, skin barriers and accessories for patients who have had surgical procedures to divert bodily waste.