Short Interest in Chervon Holdings Limited (OTCMKTS:CHRHF) Drops By 89.7%

Chervon Holdings Limited (OTCMKTS:CHRHF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 2,800 shares, a decrease of 89.7% from the December 15th total of 27,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 28.0 days.

Chervon Price Performance

Shares of CHRHF stock opened at $2.32 on Wednesday. Chervon has a 1 year low of $1.65 and a 1 year high of $2.79. The stock’s 50-day moving average is $2.33 and its two-hundred day moving average is $2.38.

About Chervon

Chervon Holdings Limited, together with its subsidiaries, engages in the research, development, manufacture, testing, sale, and after-sale servicing of power tools, outdoor power equipment, and related products in North America, Europe, China, and internationally. It operates through Power Tools, Outdoor Power Equipment, and Others segments.