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

Chervon Holdings Limited (OTCMKTS:CHRHF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, an increase of 160.0% from the January 31st total of 500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 13.0 days.

Chervon Stock Performance

CHRHF remained flat at $3.17 on Friday. Chervon has a 52-week low of $1.65 and a 52-week high of $3.17. The firm has a 50 day moving average of $2.54 and a 200-day moving average of $2.42.

About Chervon

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.