Short Interest in Carbon Revolution Public Limited (NASDAQ:CREV) Increases By 33.3%

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 67,200 shares, an increase of 33.3% from the January 15th total of 50,400 shares. Based on an average daily trading volume, of 621,000 shares, the short-interest ratio is presently 0.1 days. Approximately 3.8% of the company’s stock are short sold.

Carbon Revolution Public Stock Down 2.9 %

Shares of NASDAQ:CREV traded down $0.11 during midday trading on Friday, reaching $3.68. The company had a trading volume of 17,226 shares, compared to its average volume of 308,307. The stock’s fifty day moving average price is $4.72 and its 200-day moving average price is $4.62. Carbon Revolution Public has a one year low of $2.00 and a one year high of $22.34.

Carbon Revolution Public Company Profile

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.