Medacta Group SA (OTCMKTS:MEDGF – Get Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 7,100 shares, a drop of 55.1% from the April 30th total of 15,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.
Medacta Group Stock Performance
Shares of OTCMKTS MEDGF opened at $83.91 on Friday. Medacta Group has a 12-month low of $83.91 and a 12-month high of $86.33. The stock has a 50 day simple moving average of $83.91 and a 200-day simple moving average of $83.91.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Medacta Group in a research report on Wednesday, March 26th.
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.
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