Short Interest in Chervon Holdings Limited (OTCMKTS:CHRHF) Declines By 75.3%

Chervon Holdings Limited (OTCMKTS:CHRHF) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 196,100 shares, a drop of 75.3% from the September 15th total of 792,900 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 140.1 days.

Chervon Stock Performance

CHRHF stock remained flat at $2.50 on Friday. Chervon has a twelve month low of $1.65 and a twelve month high of $3.05. The business’s 50 day moving average price is $2.32 and its two-hundred day moving average price is $2.31.

Chervon Company Profile

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.