ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Update

ConvaTec Group PLC (OTCMKTS:CNVVY) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,300 shares, a growth of 85.7% from the October 31st total of 700 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised ConvaTec Group to a “strong-buy” rating in a report on Tuesday, August 6th.

ConvaTec Group Stock Up 1.6 %

Shares of OTCMKTS CNVVY opened at $12.18 on Friday. ConvaTec Group has a 1-year low of $10.88 and a 1-year high of $15.40. The business’s fifty day moving average price is $11.77 and its two-hundred day moving average price is $12.28.

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.