Envoy Medical, Inc. (NASDAQ:COCHW – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 2,249 shares, a decrease of 74.6% from the October 15th total of 8,851 shares. Based on an average trading volume of 15,561 shares, the days-to-cover ratio is presently 0.1 days.
Envoy Medical Stock Down 0.4%
NASDAQ:COCHW opened at $0.03 on Thursday. The business’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.05. Envoy Medical has a twelve month low of $0.02 and a twelve month high of $0.10.
About Envoy Medical
Envoy Medical is a medical technology company focused on developing and commercializing implantable hearing devices. Its products are designed to help people with hearing loss by using implanted components to process and transmit sound. The company’s product portfolio includes the Esteem active middle ear implant, a fully implantable device for adults with sensorineural hearing loss, and the Acclaim cochlear implant, which is also designed to be fully implanted. Envoy Medical is based in White Bear Lake, Minnesota, and its work centers on advancing hearing technology and expanding access to implantable options.
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