Carbon Revolution Public Limited (NASDAQ:CREV) Sees Significant Decline in Short Interest

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 22,900 shares, a drop of 21.6% from the February 13th total of 29,200 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 610,500 shares, the short-interest ratio is currently 0.0 days.

Carbon Revolution Public Price Performance

Shares of Carbon Revolution Public stock traded up $0.08 on Monday, reaching $2.85. The company had a trading volume of 6,284 shares, compared to its average volume of 213,001. The firm’s 50-day moving average price is $4.01 and its two-hundred day moving average price is $4.10. Carbon Revolution Public has a 1 year low of $2.00 and a 1 year high of $22.34.

Carbon Revolution Public Company Profile

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.