My uncle gave me his old Cooey .22 since he hasn't made use of it for 30 years or something

It was manufactured back in the 60's, I guess. Tubular magazine (holds at least 10 longs), bolt action with a very short throw and a stubby end, very positive feeding and extraction, pretty heavy 23.75" barrel. All in all, this seems like a dandy "little" rifle. The way they manufacture the bolt with the stubby end, it alows for the exact same dimensions as a "regular" .22 but with a 3" longer barrel.
I was just wondering why I can't find any other bolt action .22's like this nowadays. It SEEMS to me to be a high quality design all around. Are there any design flaws I don't know about? Is it a perfectly good rifle that just kind of went by the way side over time?
I added a pic just to show the model I'm talking about and so you can see how it's dimensionally equivalent to a modern sporter .22 but with 3 extra on the spout.