Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Significant Drop in Short Interest

Chervon Holdings Limited (OTCMKTS:CHRHF) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,800 shares, a drop of 89.7% from the December 15th total of 27,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 28.0 days.

Chervon Price Performance

OTCMKTS:CHRHF remained flat at $2.32 during mid-day trading on Tuesday. The stock has a fifty day simple moving average of $2.34 and a two-hundred day simple moving average of $2.38. Chervon has a 52-week low of $1.65 and a 52-week high of $2.79.

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.