Carbon Revolution Public Limited (NASDAQ:CREV) Sees Large Growth in Short Interest

Carbon Revolution Public Limited (NASDAQ:CREV) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 67,200 shares, an increase of 33.3% from the January 15th total of 50,400 shares. Approximately 3.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 621,000 shares, the short-interest ratio is presently 0.1 days.

Carbon Revolution Public Stock Performance

CREV traded down $0.11 during midday trading on Friday, reaching $3.68. 17,226 shares of the company’s stock were exchanged, compared to its average volume of 308,307. The business’s 50-day moving average price is $4.72 and its 200 day moving average price is $4.62. Carbon Revolution Public has a 1-year low of $2.00 and a 1-year high of $22.34.

About Carbon Revolution Public

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.