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

Envoy Medical, Inc. (NASDAQ:COCHW) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 15,332 shares, a growth of 363.1% from the June 15th total of 3,311 shares. Based on an average daily trading volume, of 19,307 shares, the days-to-cover ratio is currently 0.8 days.

Envoy Medical Price Performance

NASDAQ:COCHW traded up $0.01 during mid-day trading on Friday, reaching $0.05. The company’s stock had a trading volume of 16,806 shares, compared to its average volume of 22,908. The firm’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.05. Envoy Medical has a 12-month low of $0.02 and a 12-month high of $0.14.

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.