Medacta Group SA (OTCMKTS:MEDGF) Short Interest Up 80.0% in May

Medacta Group SA (OTCMKTS:MEDGFGet Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 10,666 shares, an increase of 80.0% from the April 30th total of 5,927 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Medacta Group Stock Performance

OTCMKTS:MEDGF opened at $83.91 on Thursday. The stock has a fifty day moving average price of $83.91 and a 200 day moving average price of $83.91. Medacta Group has a 12-month low of $83.91 and a 12-month high of $86.33.

About Medacta Group

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Medacta Group is a Switzerland‐based medical device company specializing in the design, manufacture and marketing of orthopedic and spine surgery solutions. The company develops a range of implants, instruments and surgical protocols aimed at improving patient outcomes in hip, knee, shoulder, spine and sports medicine procedures. Its product portfolio includes both standard and patient‐specific systems, supported by minimally invasive techniques and proprietary surgical instrumentation.

Central to Medacta’s offering are its joint replacement systems, which cover total and partial hip and knee arthroplasty.

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