Short Interest in Medacta Group SA (OTCMKTS:MEDGF) Increases By 255.6%

Medacta Group SA (OTCMKTS:MEDGF) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 37,926 shares, a growth of 255.6% from the May 14th total of 10,666 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Medacta Group Price Performance

OTCMKTS:MEDGF remained flat at $83.91 during midday trading on Friday. The business’s 50 day moving average price is $83.91 and its 200 day moving average price is $83.91. Medacta Group has a fifty-two week low of $83.91 and a fifty-two week high of $86.33.

About Medacta Group

Medacta Group is a Switzerland‐based medical device company specializing in the design, manufacture and marketing of orthopedic and spine surgery solutions. The company develops a range of implants, instruments and surgical protocols aimed at improving patient outcomes in hip, knee, shoulder, spine and sports medicine procedures. Its product portfolio includes both standard and patient‐specific systems, supported by minimally invasive techniques and proprietary surgical instrumentation.

Central to Medacta’s offering are its joint replacement systems, which cover total and partial hip and knee arthroplasty.