Carbon Revolution Public Limited (NASDAQ:CREV) Sees Significant Decline in Short Interest

Carbon Revolution Public Limited (NASDAQ:CREV) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 29,200 shares, a drop of 56.5% from the January 31st total of 67,200 shares. Based on an average daily trading volume, of 610,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.7% of the company’s shares are short sold.

Carbon Revolution Public Trading Down 0.9 %

Carbon Revolution Public stock opened at $3.16 on Friday. Carbon Revolution Public has a 12-month low of $2.00 and a 12-month high of $22.34. The firm’s fifty day moving average is $4.95 and its 200 day moving average is $4.41.

About Carbon Revolution Public

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.