Carbon Revolution Public Limited (NASDAQ:CREV) Short Interest Update

Carbon Revolution Public Limited (NASDAQ:CREV) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 117,500 shares, an increase of 94.5% from the December 15th total of 60,400 shares. Based on an average daily trading volume, of 526,500 shares, the short-interest ratio is currently 0.2 days. Approximately 6.7% of the company’s stock are sold short.

Carbon Revolution Public Trading Up 13.4 %

NASDAQ:CREV traded up $0.66 during mid-day trading on Tuesday, hitting $5.58. 96,687 shares of the company’s stock were exchanged, compared to its average volume of 63,044. Carbon Revolution Public has a one year low of $2.00 and a one year high of $27.28. The business has a fifty day moving average price of $4.05 and a 200 day moving average price of $5.02.

Carbon Revolution Public Company Profile

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.