Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Large Decline in Short Interest

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 volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Chervon Stock Performance

Shares of OTCMKTS CHRHF remained flat at $2.32 during mid-day trading on Friday. Chervon has a 12 month low of $1.65 and a 12 month high of $2.79. The company’s 50 day simple moving average is $2.38 and its 200 day simple moving average is $2.40.

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.