Short Interest in Carbon Revolution Public Limited (NASDAQ:CREV) Declines By 21.6%

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 22,900 shares, a drop of 21.6% from the February 13th total of 29,200 shares. Based on an average trading volume of 610,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.3% of the company’s stock are short sold.

Carbon Revolution Public Stock Down 0.9 %

NASDAQ CREV traded down $0.03 during midday trading on Wednesday, hitting $2.90. 1,956 shares of the company traded hands, compared to its average volume of 212,053. Carbon Revolution Public has a 52 week low of $2.00 and a 52 week high of $21.99. The company’s 50-day simple moving average is $3.88 and its 200-day simple moving average is $4.06.

Carbon Revolution Public Company Profile

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.