ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,230 shares, a growth of 432.0% from the June 30th total of 1,735 shares. Based on an average daily volume of 42,117 shares, the days-to-cover ratio is presently 0.2 days.
ConvaTec Group Stock Up 2.6%
Shares of CNVVY opened at $11.70 on Friday. The firm’s 50 day moving average price is $11.16 and its two-hundred day moving average price is $11.96. ConvaTec Group has a twelve month low of $10.45 and a twelve month high of $14.09.
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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