Chervon Holdings Limited (OTCMKTS:CHRHF) Short Interest Down 89.7% in January

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

Chervon Price Performance

Shares of CHRHF remained flat at $2.32 during mid-day trading on Wednesday. Chervon has a 1-year low of $1.65 and a 1-year high of $2.79. The company’s 50-day moving average price is $2.32 and its 200-day moving average price is $2.36.

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.