Short Interest in Cochlear Limited (OTCMKTS:CHEOF) Expands By 7.4%

Cochlear Limited (OTCMKTS:CHEOF) was the target of a large increase in short interest in the month of 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 currently 1,229.0 days.

Cochlear Price Performance

CHEOF stock opened at $217.00 on Thursday. Cochlear has a one year low of $145.73 and a one year high of $230.46. The company has a fifty day moving average price of $214.04 and a two-hundred day moving average price of $211.38.

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.