Envoy Medical, Inc. (NASDAQ:COCHW) Stock Short Interest Climbs 308.3%

Envoy Medical, Inc. (NASDAQ:COCHW) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 8,851 shares, a growth of 308.3% from the September 30th total of 2,168 shares. Based on an average daily volume of 16,216 shares, the short-interest ratio is presently 0.5 days.

Envoy Medical Stock Down 0.4%

Shares of COCHW traded down $0.00 during mid-day trading on Wednesday, reaching $0.03. The company had a trading volume of 540 shares, compared to its average volume of 26,385. Envoy Medical has a 52-week low of $0.02 and a 52-week high of $0.10. The stock has a 50 day moving average of $0.04 and a two-hundred day moving average of $0.05.

About Envoy Medical

Envoy Medical is a medical technology company focused on developing fully implanted hearing devices for people with hearing loss. The company’s technologies are designed to use the body’s natural anatomy to capture sound and deliver auditory stimulation, with the goal of providing hearing restoration without the external components required by many conventional hearing devices.

Envoy Medical’s lead product is the Acclaim cochlear implant, a fully implanted device intended for adults with sensorineural hearing loss who may benefit from cochlear implantation.