ConvaTec Group PLC (OTCMKTS:CNVVY) Sees Large Decrease in Short Interest

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 900 shares, a drop of 85.2% from the November 30th total of 6,100 shares. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is presently 0.0 days.

ConvaTec Group Stock Down 3.4 %

OTCMKTS:CNVVY traded down $0.40 during trading hours on Thursday, hitting $11.27. The stock had a trading volume of 14,170 shares, compared to its average volume of 23,564. The business has a 50 day simple moving average of $11.74 and a two-hundred day simple moving average of $12.11. ConvaTec Group has a 1-year low of $10.77 and a 1-year high of $15.40.

About ConvaTec Group

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.