ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 9,230 shares, an increase of 432.0% from the June 30th total of 1,735 shares. Based on an average daily trading volume, of 42,117 shares, the days-to-cover ratio is currently 0.2 days.
ConvaTec Group Price Performance
Shares of OTCMKTS:CNVVY opened at $11.70 on Monday. The company has a 50 day moving average of $11.16 and a 200 day moving average of $11.95. ConvaTec Group has a 12 month low of $10.45 and a 12 month high of $14.09.
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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