Sernova Corp. (OTCMKTS:SEOVF) Short Interest Update

Sernova Corp. (OTCMKTS:SEOVF) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 1,900 shares, a drop of 98.2% from the March 31st total of 106,700 shares. Based on an average daily volume of 41,900 shares, the days-to-cover ratio is currently 0.0 days.

Sernova Price Performance

SEOVF traded up $0.01 during midday trading on Friday, hitting $0.32. The company had a trading volume of 11,503 shares, compared to its average volume of 19,347. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $96.64 million, a PE ratio of -3.44 and a beta of 1.16. Sernova has a twelve month low of $0.29 and a twelve month high of $0.83. The firm’s 50-day simple moving average is $0.40 and its 200-day simple moving average is $0.47.

Sernova (OTCMKTS:SEOVF) last posted its quarterly earnings data on Monday, March 18th. The company reported ($0.02) earnings per share for the quarter.

Analyst Ratings Changes

Separately, Raymond James began coverage on shares of Sernova in a research report on Thursday, April 4th. They issued a “market perform” rating and a $1.50 price objective for the company.

About Sernova

Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.