ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 21,462 shares, a growth of 666.8% from the May 14th total of 2,799 shares. Based on an average trading volume of 133,992 shares, the days-to-cover ratio is currently 0.2 days.
ConvaTec Group Trading Up 2.1%
ConvaTec Group stock opened at $10.94 on Wednesday. The stock has a 50 day moving average of $11.53 and a 200-day moving average of $12.25. ConvaTec Group has a 52 week low of $10.45 and a 52 week high of $16.65.
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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