Carl Zeiss Meditec AG (OTCMKTS:CZMWY) Sees Significant Increase in Short Interest

Carl Zeiss Meditec AG (OTCMKTS:CZMWY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 2,600 shares, an increase of 766.7% from the December 15th total of 300 shares. Based on an average trading volume of 27,300 shares, the short-interest ratio is currently 0.1 days.

Carl Zeiss Meditec Price Performance

Shares of OTCMKTS CZMWY traded down $0.52 during midday trading on Tuesday, reaching $47.83. 9,746 shares of the company’s stock traded hands, compared to its average volume of 14,921. Carl Zeiss Meditec has a one year low of $46.64 and a one year high of $134.60. The stock’s 50 day simple moving average is $55.40 and its 200-day simple moving average is $64.11.

About Carl Zeiss Meditec

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.