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

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

ConvaTec Group Stock Down 3.4 %

Shares of OTCMKTS CNVVY traded down $0.40 on Thursday, hitting $11.27. The company’s stock had a trading volume of 14,170 shares, compared to its average volume of 23,564. The stock has a 50 day moving average of $11.74 and a 200-day moving average of $12.11. ConvaTec Group has a 12-month low of $10.77 and a 12-month high of $15.40.

About ConvaTec Group

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.