Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 58 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 1,065 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Chorus Price Performance
Shares of Chorus stock remained flat at $27.80 on Friday. 15 shares of the stock traded hands, compared to its average volume of 339. Chorus has a 52-week low of $23.50 and a 52-week high of $30.33. The company’s 50 day moving average price is $28.42 and its 200-day moving average price is $27.97.
Chorus Company Profile
Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.
Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.
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