Cochlear Limited (OTCMKTS:CHEOY - Get Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 200 shares, an increase of 100.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 35,500 shares, the days-to-cover ratio is presently 0.0 days.
Cochlear Trading Up 0.7 %
Shares of CHEOY stock traded up $0.74 during trading hours on Thursday, hitting $99.44. The company had a trading volume of 8,075 shares, compared to its average volume of 11,062. The firm's fifty day moving average is $95.15 and its 200 day moving average is $99.09. Cochlear has a 12 month low of $89.39 and a 12 month high of $115.85.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group assumed coverage on Cochlear in a report on Thursday, January 16th. They set a "neutral" rating on the stock.
View Our Latest Analysis on CHEOY
About Cochlear
(
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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.
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