Short Interest in Carbon Revolution Public Limited (NASDAQ:CREVW) Drops By 38.9%

Carbon Revolution Public Limited (NASDAQ:CREVW) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 15,100 shares, a decline of 38.9% from the January 31st total of 24,700 shares. Based on an average trading volume of 79,900 shares, the days-to-cover ratio is currently 0.2 days.

Carbon Revolution Public Stock Performance

NASDAQ:CREVW opened at $0.04 on Friday. The business has a 50 day simple moving average of $0.05 and a 200 day simple moving average of $0.04. Carbon Revolution Public has a 12-month low of $0.03 and a 12-month high of $0.12.

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.