ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Up 432.0% in July

ConvaTec Group PLC (OTCMKTS:CNVVY) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,230 shares, an increase of 432.0% from the June 30th total of 1,735 shares. Based on an average daily volume of 42,117 shares, the short-interest ratio is presently 0.2 days.

ConvaTec Group Stock Performance

Shares of CNVVY opened at $11.70 on Friday. ConvaTec Group has a 1 year low of $10.45 and a 1 year high of $14.09. The stock’s 50-day moving average price is $11.16 and its two-hundred day moving average price is $11.96.

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.