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

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

Carbon Revolution Public Trading Up 0.2 %

Shares of NASDAQ CREV traded up $0.01 during mid-day trading on Monday, reaching $3.17. The company had a trading volume of 7,247 shares, compared to its average volume of 180,226. Carbon Revolution Public has a twelve month low of $2.00 and a twelve month high of $22.34. The stock’s 50 day moving average is $4.95 and its 200-day moving average is $4.36.

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.