Envoy Medical, Inc. (NASDAQ:COCHW) Shares Shorted: Short Interest Down 74.6% in October

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

Envoy Medical Trading Down 6.1%

Shares of COCHW traded down $0.00 during midday trading on Friday, hitting $0.03. The stock had a trading volume of 1,246 shares, compared to its average volume of 25,087. The stock’s 50 day moving average is $0.03 and its 200 day moving average is $0.05. Envoy Medical has a 1 year low of $0.02 and a 1 year high of $0.10.

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.