ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 73,565 shares, an increase of 19,836.3% from the September 30th total of 369 shares. Based on an average trading volume of 153,875 shares, the days-to-cover ratio is presently 0.5 days.
ConvaTec Group Price Performance
Shares of OTCMKTS CNVVY traded down $0.12 during trading on Monday, hitting $13.16. 76,468 shares of the company were exchanged, compared to its average volume of 54,442. ConvaTec Group has a 1 year low of $10.45 and a 1 year high of $14.09. The firm’s fifty day moving average price is $12.14 and its 200 day moving average price is $11.78.
ConvaTec Group Company Profile
ConvaTec Group plc is a global medical products and technologies company focused on solutions that improve the quality of life for people with chronic and acute conditions. Its products are used in hospitals, healthcare facilities and home-care settings, and are designed to support wound healing, body fluid management and the delivery of essential therapies.
The company operates through several principal product areas, including advanced wound care, ostomy care, continence and critical care, and infusion care.
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