Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 15,089 shares, a decline of 86.1% from the June 30th total of 108,855 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Chervon Stock Performance
CHRHF stock opened at $2.65 on Friday. Chervon has a twelve month low of $1.93 and a twelve month high of $3.60. The business has a fifty day moving average of $2.18 and a 200-day moving average of $2.51.
Analysts Set New Price Targets
Separately, Citigroup upgraded Chervon to a “buy” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.
About Chervon
Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.
Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.
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