ConvaTec Group PLC (OTCMKTS:CNVVY) Sees Significant Decline in Short Interest

ConvaTec Group PLC (OTCMKTS:CNVVY) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 900 shares, a drop of 85.2% from the November 30th total of 6,100 shares. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 0.0 days.

ConvaTec Group Stock Down 1.5 %

CNVVY stock traded down $0.57 on Friday, hitting $11.10. 31,276 shares of the company’s stock were exchanged, compared to its average volume of 23,602. The firm has a 50 day moving average price of $11.74 and a two-hundred day moving average price of $12.11. ConvaTec Group has a 12-month low of $10.77 and a 12-month high of $15.40.

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.