Cochlear Limited (OTCMKTS:CHEOF) Short Interest Up 8.5% in September

Cochlear Limited (OTCMKTS:CHEOF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 92,100 shares, an increase of 8.5% from the August 31st total of 84,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 460.5 days.

Cochlear Stock Performance

CHEOF stock remained flat at $188.00 during mid-day trading on Monday. The company’s fifty day moving average price is $208.85 and its two-hundred day moving average price is $213.74. Cochlear has a 12 month low of $149.04 and a 12 month high of $237.38.

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.