Sernova Corp. (OTCMKTS:SEOVF) Short Interest Update

Sernova Corp. (OTCMKTS:SEOVF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 7,400 shares, a decline of 35.1% from the May 31st total of 11,400 shares. Based on an average daily trading volume, of 55,300 shares, the short-interest ratio is presently 0.1 days.

Sernova Stock Up 0.5 %

OTCMKTS SEOVF traded up $0.00 during trading hours on Friday, hitting $0.25. 4,100 shares of the company were exchanged, compared to its average volume of 19,386. Sernova has a 52-week low of $0.20 and a 52-week high of $0.81. The firm has a market cap of $75.90 million, a price-to-earnings ratio of -2.78 and a beta of 1.20. The company has a quick ratio of 1.20, a current ratio of 0.62 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average of $0.26 and a two-hundred day moving average of $0.38.

Sernova (OTCMKTS:SEOVF) last issued its earnings results on Friday, June 14th. The company reported ($0.02) EPS for the quarter.

Analysts Set New Price Targets

Separately, Raymond James initiated coverage on Sernova in a research note on Thursday, April 4th. They issued a “market perform” rating and a $1.50 target price for the company.

About Sernova

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.