Sernova Corp. (OTCMKTS:SEOVF) Short Interest Down 22.6% in July

Sernova Corp. (OTCMKTS:SEOVF) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 4,100 shares, a decrease of 22.6% from the June 30th total of 5,300 shares. Based on an average trading volume of 33,700 shares, the days-to-cover ratio is presently 0.1 days.

Sernova Stock Up 7.0 %

Shares of OTCMKTS SEOVF traded up $0.01 during mid-day trading on Monday, hitting $0.21. The company had a trading volume of 34,500 shares, compared to its average volume of 21,626. Sernova has a 12 month low of $0.19 and a 12 month high of $0.72. The business’s 50-day simple moving average is $0.23 and its 200-day simple moving average is $0.34. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.14.

Sernova (OTCMKTS:SEOVF) last announced its earnings results on Friday, June 14th. The company reported ($0.02) earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Raymond James assumed coverage on shares of Sernova in a research report on Thursday, April 4th. They set a “market perform” rating and a $1.50 target price on the stock.

Sernova Company Profile

Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.