ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 1,735 shares, a growth of 184.4% from the June 15th total of 610 shares. Based on an average daily volume of 60,450 shares, the short-interest ratio is presently 0.0 days.
ConvaTec Group Price Performance
Shares of ConvaTec Group stock traded down $0.18 during mid-day trading on Tuesday, hitting $11.20. 22,995 shares of the stock were exchanged, compared to its average volume of 63,179. ConvaTec Group has a 12 month low of $10.45 and a 12 month high of $14.09. The company has a 50-day simple moving average of $11.10 and a 200 day simple moving average of $12.04.
About ConvaTec Group
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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