Carbon Revolution Public Limited (NASDAQ:CREV) Short Interest Down 44.8% in August

Carbon Revolution Public Limited (NASDAQ:CREV) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 8,000 shares, a decline of 44.8% from the August 15th total of 14,500 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 159,900 shares, the short-interest ratio is presently 0.1 days.

Carbon Revolution Public Stock Performance

CREV stock traded up $0.40 during trading on Friday, hitting $5.24. 5,138 shares of the stock traded hands, compared to its average volume of 65,340. Carbon Revolution Public has a 1 year low of $4.32 and a 1 year high of $197.99. The firm’s 50 day moving average is $6.49 and its two-hundred day moving average is $10.08.

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.