Envoy Medical, Inc. (NASDAQ:COCHW) Sees Large Growth in Short Interest

Envoy Medical, Inc. (NASDAQ:COCHW) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 24,100 shares, a growth of 330.4% from the February 29th total of 5,600 shares. Based on an average trading volume of 88,700 shares, the days-to-cover ratio is presently 0.3 days.

Envoy Medical Stock Performance

Shares of Envoy Medical stock opened at $0.09 on Thursday. The stock’s fifty day simple moving average is $0.06. Envoy Medical has a 12 month low of $0.01 and a 12 month high of $0.32.

Envoy Medical Company Profile

Envoy Medical, Inc, a hearing health company, provides medical technologies for the hearing loss spectrum. Its products include hearing aids; Esteem middle ear implants; bone conduction devices, such as auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its name to Envoy Medical, Inc in September 2023.