Short Interest in Chervon Holdings Limited (OTCMKTS:CHRHF) Declines By 37.7%

Chervon Holdings Limited (OTCMKTS:CHRHF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 27,100 shares, a decline of 37.7% from the November 30th total of 43,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Chervon Price Performance

OTCMKTS:CHRHF remained flat at $2.32 during trading hours on Friday. The company has a 50 day simple moving average of $2.38 and a two-hundred day simple moving average of $2.40. Chervon has a 1-year low of $1.65 and a 1-year high of $2.79.

About Chervon

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.