Covalon Technologies (TSXV:COV) Short Interest

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:COV Covalon Technologies Ltd TSXV:COV
84 GF Score
Price C$2.18
GF Value C$2.16
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Covalon Technologies Short Interest?

Short Interest can be expressed as a percentage by dividing the number of shares sold short by the total number of outstanding shares.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

TSXV:COV vs ISRG, BDX, MDLN: Short Interest Comparison

For the Medical Instruments & Supplies subindustry, Covalon Technologies's Short Interest, along with its competitors' market caps and Short Interest data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Covalon Technologies Short Interest vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Covalon Technologies's Short Interest distribution charts can be found below:

* The bar in red indicates where Covalon Technologies's Short Interest falls into.


TSXV:COV
84GF Score
Covalon Technologies Ltd TSXV:COV
Short Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Covalon Technologies (TSXV:COV) Overvalued in 2026?

Based on GuruFocus' analysis, Covalon Technologies stock appears to be overvalued. The current stock price of C$2.18 is trading 0.9% above its estimated GF Value™ of C$2.16. GuruFocus considers Covalon Technologies to be Fairly Valued.

Key valuation signals for TSXV:COV:

  • Short Interest:
  • GF Value™: C$2.16 vs. price of C$2.18 (0.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the TSXV:COV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covalon Technologies Business Description

Other Exchanges CVALF:USA
Address 1660 Tech Avenue, Unit 5, Mississauga, ON, CAN, L4W 5S7
Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes in the areas of infection management, wound care, and surgical procedures. The company generates revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products include IV dressings, surgical site protection products, vascular access protection products, and others, and its solutions include primary dressing cover, vascular access technologies, advanced wound care, sensitive skin solutions, custom medical coatings, and patient resource support.
84GF Score

Get the complete analysis for TSXV:COV

Short Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.18
Price
C$2.16
GF Value