CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY - Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,300 shares, agrowthof312.5% from the June 30th total of 800 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 0.9 days.
CochLear Stock Performance
Shares of CHEOY traded up $2.48 during trading on Thursday, reaching $104.23. The company's stock had a trading volume of 263 shares, compared to its average volume of 11,864. The company has a fifty day moving average of $96.11 and a two-hundred day moving average of $90.16. CochLear has a twelve month low of $74.76 and a twelve month high of $115.85.
Analysts Set New Price Targets
Separately, UBS Group upgraded shares of CochLear from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 18th.
View Our Latest Research Report on CochLear
CochLear Company Profile
(
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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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