Short Interest in Sernova Corp. (OTCMKTS:SEOVF) Increases By 37.4%

Sernova Corp. (OTCMKTS:SEOVFGet Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 244,100 shares, an increase of 37.4% from the January 15th total of 177,700 shares. Based on an average daily trading volume, of 32,800 shares, the days-to-cover ratio is presently 7.4 days.

Sernova Stock Performance

SEOVF opened at $0.14 on Friday. The company’s 50 day simple moving average is $0.15 and its 200 day simple moving average is $0.17. Sernova has a 1 year low of $0.12 and a 1 year high of $0.51. The stock has a market capitalization of $47.40 million, a PE ratio of -2.41 and a beta of 1.16.

Sernova (OTCMKTS:SEOVFGet Free Report) last issued its quarterly earnings results on Monday, December 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Sernova

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Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.

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