Short Interest in ConvaTec Group PLC (OTCMKTS:CNVVY) Increases By 184.4%

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant 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 trading volume of 60,450 shares, the days-to-cover ratio is currently 0.0 days.

ConvaTec Group Stock Performance

Shares of OTCMKTS:CNVVY opened at $11.21 on Wednesday. The company has a fifty day simple moving average of $11.10 and a 200 day simple moving average of $12.03. ConvaTec Group has a 12-month low of $10.45 and a 12-month high of $14.09.

ConvaTec Group Company Profile

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.