ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Up 184.4% in June

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,735 shares, an increase of 184.4% from the June 15th total of 610 shares. Based on an average daily trading volume, of 60,450 shares, the days-to-cover ratio is presently 0.0 days.

ConvaTec Group Stock Down 0.3%

Shares of CNVVY traded down $0.03 during mid-day trading on Monday, hitting $11.41. The company’s stock had a trading volume of 24,145 shares, compared to its average volume of 63,473. The stock’s 50-day moving average is $11.11 and its two-hundred day moving average is $12.05. ConvaTec Group has a one year low of $10.45 and a one year high of $14.36.

About ConvaTec Group

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.