Short Interest in Chervon Holdings Limited (OTCMKTS:CHRHF) Expands By 236.5%

Chervon Holdings Limited (OTCMKTS:CHRHFGet Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 113,255 shares, an increase of 236.5% from the May 14th total of 33,655 shares. Based on an average trading volume of 23 shares, the days-to-cover ratio is currently 4,924.1 days.

Chervon Price Performance

Shares of OTCMKTS:CHRHF remained flat at $1.93 during trading on Thursday. The stock had a trading volume of 105 shares, compared to its average volume of 694. Chervon has a 52-week low of $1.88 and a 52-week high of $3.60. The stock has a fifty day simple moving average of $2.14 and a 200-day simple moving average of $2.60.

About Chervon

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Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.

Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.

Further Reading

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