Short Interest in Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) Grows By 90.8%

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 224,453 shares, a growth of 90.8% from the July 15th total of 117,659 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 613,487 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of Coloplast A/S to a “strong-buy” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Coloplast A/S has a consensus rating of “Hold”.

Coloplast A/S Stock Down 0.4%

Shares of OTCMKTS:CLPBY traded down $0.03 during midday trading on Friday, hitting $6.68. 81,628 shares of the stock were exchanged, compared to its average volume of 224,815. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.09 and a current ratio of 1.75. Coloplast A/S has a 52-week low of $5.64 and a 52-week high of $10.03. The business’s fifty day simple moving average is $6.22 and its two-hundred day simple moving average is $6.70. The company has a market capitalization of $15.05 billion, a PE ratio of 47.71, a P/E/G ratio of 2.12 and a beta of 0.13.

Coloplast A/S Company Profile

Coloplast A/S is a global developer and manufacturer of medical devices and services focused on intimate healthcare. The company specializes in solutions designed to assist individuals with chronic medical conditions, aiming to improve quality of life through innovative products. Coloplast’s offerings span ostomy care, continence care, wound and skin care, and interventional urology, targeting patients who require long-term support and specialized treatments.

In its ostomy business, Coloplast provides pouches, skin barriers and accessories for patients who have had surgical procedures to divert bodily waste.