Medacta Group SA (OTCMKTS:MEDGF) Sees Significant Decrease in Short Interest

Medacta Group SA (OTCMKTS:MEDGF) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 16,300 shares, a drop of 23.5% from the April 30th total of 21,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 163.0 days.

Medacta Group Stock Performance

OTCMKTS MEDGF remained flat at $83.91 on Friday. 11 shares of the company’s stock were exchanged, compared to its average volume of 200. The business has a fifty day moving average price of $83.91 and a 200 day moving average price of $83.91. Medacta Group has a 52 week low of $83.91 and a 52 week high of $86.33.

Medacta Group Company Profile

Medacta Group SA develops, manufactures, and distributes orthopedic and neurosurgical medical devices Europe, North America, the Asia-Pacific, and internationally. It offers personalized 3D planning tools for use in hip, knee, shoulder, joint replacement, sports medicine, and spine procedures. Medacta Group SA was founded in 1958 and is headquartered in Castel San Pietro, Switzerland.