Short Interest in Chervon Holdings Limited (OTCMKTS:CHRHF) Increases By 800.0%

Chervon Holdings Limited (OTCMKTS:CHRHF) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,600 shares, an increase of 800.0% from the February 28th total of 400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 36.0 days.

Chervon Stock Performance

OTCMKTS CHRHF traded up $0.24 during midday trading on Wednesday, hitting $2.75. The company had a trading volume of 363 shares, compared to its average volume of 356. The firm has a fifty day simple moving average of $2.72 and a two-hundred day simple moving average of $2.52. Chervon has a fifty-two week low of $1.70 and a fifty-two week high of $3.17.

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.