Short Interest in Cochlear Limited (OTCMKTS:CHEOY) Decreases By 91.7%

Cochlear Limited (OTCMKTS:CHEOY) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 91.7% from the November 30th total of 1,200 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.0 days.

Cochlear Stock Performance

CHEOY traded down $0.49 on Friday, reaching $91.29. 13,119 shares of the company’s stock were exchanged, compared to its average volume of 5,455. Cochlear has a twelve month low of $89.39 and a twelve month high of $115.85. The stock’s fifty day moving average price is $95.56 and its 200-day moving average price is $101.46.

About Cochlear

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.