Short Interest in Cochlear Limited (OTCMKTS:CHEOF) Decreases By 24.4%

Cochlear Limited (OTCMKTS:CHEOF) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 45,900 shares, a drop of 24.4% from the October 31st total of 60,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 459.0 days.

Cochlear Price Performance

Shares of OTCMKTS CHEOF opened at $188.36 on Friday. Cochlear has a 1 year low of $163.89 and a 1 year high of $237.38. The firm’s 50-day moving average is $191.38 and its 200-day moving average is $206.26.

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.