Short Interest in Coloplast A/S (OTCMKTS:CLPBF) Drops By 12.4%

Coloplast A/S (OTCMKTS:CLPBF) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 815,200 shares, a drop of 12.4% from the October 15th total of 930,500 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 741.1 days.

Coloplast A/S Price Performance

Shares of CLPBF stock remained flat at $124.60 during trading on Monday. The company’s 50 day simple moving average is $129.43 and its 200 day simple moving average is $125.83. Coloplast A/S has a one year low of $102.02 and a one year high of $143.15.

Coloplast A/S Company Profile

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Care segments.