ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Down 97.2% in June

ConvaTec Group PLC (OTCMKTS:CNVVY) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 610 shares, a drop of 97.2% from the May 31st total of 21,462 shares. Based on an average trading volume of 40,767 shares, the days-to-cover ratio is presently 0.0 days.

ConvaTec Group Stock Up 1.9%

Shares of OTCMKTS CNVVY traded up $0.21 during trading on Thursday, hitting $11.13. The company had a trading volume of 15,044 shares, compared to its average volume of 67,464. The stock has a fifty day simple moving average of $11.32 and a two-hundred day simple moving average of $12.13. ConvaTec Group has a fifty-two week low of $10.45 and a fifty-two week high of $16.59.

ConvaTec Group Company Profile

ConvaTec Group is a global medical products and technologies company focused on developing therapies and technologies for the management of chronic health conditions. The company’s portfolio spans four core business areas—Advanced Wound Care, Ostomy Care, Continence & Critical Care, and Infusion Devices—which are designed to improve patient outcomes and enhance quality of life for people living with long-term health challenges. ConvaTec’s product range includes proprietary wound dressings, ostomy and continence management systems, and safety-engineered infusion sets.

Headquartered in Reading, United Kingdom, ConvaTec serves customers in over 100 countries through a network of manufacturing, distribution, and customer support operations.