Envoy Medical, Inc. (NASDAQ:COCHW) Sees Significant Drop in Short Interest

Envoy Medical, Inc. (NASDAQ:COCHW) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,487 shares, a decrease of 73.4% from the April 15th total of 13,125 shares. Based on an average daily volume of 26,871 shares, the days-to-cover ratio is presently 0.1 days.

Envoy Medical Price Performance

NASDAQ COCHW traded up $0.00 during trading on Wednesday, hitting $0.07. 6,183 shares of the company’s stock traded hands, compared to its average volume of 25,101. Envoy Medical has a 12-month low of $0.03 and a 12-month high of $0.14. The business has a 50 day moving average of $0.06 and a 200-day moving average of $0.05.

About Envoy Medical

Envoy Medical, Inc, a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc in September 2023. Envoy Medical, Inc was founded in 1995 and is headquartered in White Bear Lake, Minnesota.