Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Significant Decrease in Short Interest

Chervon Holdings Limited (OTCMKTS:CHRHF) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 53,900 shares, a drop of 23.9% from the October 15th total of 70,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Chervon Stock Performance

Shares of OTCMKTS CHRHF remained flat at $2.32 during midday trading on Thursday. The firm has a 50-day simple moving average of $2.49 and a 200-day simple moving average of $2.45. Chervon has a 52 week low of $1.65 and a 52 week high of $3.05.

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.