Short Interest in Chorus Limited (OTCMKTS:CHRYY) Declines By 75.0%

Chorus Limited (OTCMKTS:CHRYYGet Free Report) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 75.0% from the October 31st total of 400 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 0.1 days.

Chorus Stock Performance

Chorus stock traded down $1.00 during mid-day trading on Friday, hitting $24.94. The company’s stock had a trading volume of 150 shares, compared to its average volume of 833. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95. Chorus has a 52-week low of $20.85 and a 52-week high of $28.24. The firm’s 50 day moving average is $26.41 and its 200 day moving average is $24.61.

Analyst Ratings Changes

Separately, UBS Group raised shares of Chorus from a “strong sell” rating to a “hold” rating in a research note on Sunday, October 13th.

View Our Latest Stock Analysis on Chorus

Chorus Company Profile

(Get Free Report)

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.

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