Chervon Holdings Limited (OTCMKTS:CHRHF) Short Interest Update

Chervon Holdings Limited (OTCMKTS:CHRHF) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 33,655 shares, a growth of 13,098.0% from the April 30th total of 255 shares. Based on an average daily trading volume, of 383 shares, the days-to-cover ratio is currently 87.9 days.

Chervon Stock Performance

Chervon stock remained flat at $2.23 during midday trading on Wednesday. 105 shares of the company traded hands, compared to its average volume of 734. Chervon has a 1-year low of $1.88 and a 1-year high of $3.60. The stock’s 50-day simple moving average is $2.22 and its 200-day simple moving average is $2.60.

About Chervon

Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.

Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.