Cochlear Limited (OTCMKTS:CHEOF) Sees Large Increase in Short Interest

Cochlear Limited (OTCMKTS:CHEOF) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 122,900 shares, an increase of 7.4% from the May 31st total of 114,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 1,229.0 days.

Cochlear Price Performance

Shares of CHEOF stock opened at $217.00 on Tuesday. Cochlear has a 1-year low of $145.73 and a 1-year high of $230.46. The firm has a fifty day moving average of $213.70 and a two-hundred day moving average of $211.24.

Cochlear Company Profile

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.