ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 73,565 shares, an increase of 19,836.3% from the September 30th total of 369 shares. Based on an average trading volume of 153,875 shares, the short-interest ratio is presently 0.5 days.
ConvaTec Group Stock Performance
OTCMKTS CNVVY traded down $0.12 during mid-day trading on Monday, hitting $13.16. The stock had a trading volume of 76,468 shares, compared to its average volume of 54,442. The company has a 50 day simple moving average of $12.14 and a 200 day simple moving average of $11.78. ConvaTec Group has a 52-week low of $10.45 and a 52-week high of $14.09.
ConvaTec Group Company Profile
ConvaTec Group plc is a global medical products and technologies company focused on solutions that improve the quality of life for people with chronic and acute conditions. Its products are used in hospitals, healthcare facilities and home-care settings, and are designed to support wound healing, body fluid management and the delivery of essential therapies.
The company operates through several principal product areas, including advanced wound care, ostomy care, continence and critical care, and infusion care.
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