Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Large Increase in Short Interest

Chervon Holdings Limited (OTCMKTS:CHRHF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,600 shares, an increase of 800.0% from the February 28th total of 400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 36.0 days.

Chervon Trading Down 10.2 %

Shares of CHRHF opened at $2.47 on Friday. The company’s fifty day moving average is $2.73 and its two-hundred day moving average is $2.52. Chervon has a fifty-two week low of $1.70 and a fifty-two week high of $3.17.

Chervon Company Profile

Chervon Holdings Limited, together with its subsidiaries, engages in the research, development, manufacture, testing, sale, and after-sale servicing of power tools, outdoor power equipment, and related products in North America, Europe, China, and internationally. It operates through Power Tools, Outdoor Power Equipment, and Others segments.