ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 30,712 shares, an increase of 232.7% from the July 15th total of 9,230 shares. Based on an average daily trading volume, of 72,847 shares, the days-to-cover ratio is presently 0.4 days.
ConvaTec Group Price Performance
Shares of OTCMKTS:CNVVY opened at $12.50 on Friday. ConvaTec Group has a 12 month low of $10.45 and a 12 month high of $14.09. The company’s 50-day moving average price is $11.58 and its two-hundred day moving average price is $11.90.
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.
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