Chervon Holdings Limited (OTCMKTS:CHRHF) Short Interest Down 63.9% in October

Chervon Holdings Limited (OTCMKTS:CHRHF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 70,800 shares, a drop of 63.9% from the September 30th total of 196,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 708.0 days.

Chervon Price Performance

Shares of CHRHF remained flat at $2.50 during midday trading on Friday. Chervon has a 12-month low of $1.65 and a 12-month high of $3.05. The stock’s fifty day simple moving average is $2.37 and its 200-day simple moving average is $2.37.

Chervon Company Profile

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.