Chorus Aviation Inc. (OTCMKTS:CHRRF) Sees Large Decline in Short Interest

Chorus Aviation Inc. (OTCMKTS:CHRRF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 341,900 shares, a decrease of 10.0% from the August 15th total of 380,100 shares. Based on an average daily trading volume, of 18,900 shares, the short-interest ratio is presently 18.1 days.

Chorus Aviation Stock Performance

OTCMKTS CHRRF remained flat at $1.99 on Tuesday. 14,073 shares of the company’s stock traded hands, compared to its average volume of 32,314. Chorus Aviation has a 1 year low of $1.40 and a 1 year high of $2.27. The firm’s 50 day simple moving average is $1.94 and its 200-day simple moving average is $1.71.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.