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

Carl Zeiss Meditec AG (OTCMKTS:CZMWY) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 53.5% from the January 31st total of 4,300 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 0.2 days.

Carl Zeiss Meditec Stock Up 1.4 %

Shares of Carl Zeiss Meditec stock traded up $0.84 during trading hours on Friday, hitting $62.18. 34,563 shares of the company’s stock traded hands, compared to its average volume of 9,661. Carl Zeiss Meditec has a twelve month low of $46.13 and a twelve month high of $134.60. The stock has a 50 day simple moving average of $54.28 and a 200-day simple moving average of $61.47.

Carl Zeiss Meditec Company Profile

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.