Short Interest in ConvaTec Group PLC (OTCMKTS:CNVVY) Increases By 37.5%

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 9,900 shares, a growth of 37.5% from the January 15th total of 7,200 shares. Based on an average trading volume of 65,300 shares, the days-to-cover ratio is currently 0.2 days.

ConvaTec Group Price Performance

Shares of OTCMKTS CNVVY traded up $0.23 during mid-day trading on Friday, hitting $12.56. The stock had a trading volume of 3,148 shares, compared to its average volume of 19,838. ConvaTec Group has a twelve month low of $10.77 and a twelve month high of $15.40. The company has a 50 day moving average of $11.74 and a two-hundred day moving average of $11.88.

ConvaTec Group Company Profile

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.