Carbon Revolution Public Limited (NASDAQ:CREV) Sees Significant Growth in Short Interest

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a growth of 161.5% from the February 29th total of 1,300 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is currently 0.3 days.

Carbon Revolution Public Stock Performance

CREV traded up $1.52 during trading on Thursday, hitting $16.43. The company’s stock had a trading volume of 14,684 shares, compared to its average volume of 10,906. The company’s 50 day moving average price is $16.10. Carbon Revolution Public has a 12 month low of $7.45 and a 12 month high of $197.99.

About Carbon Revolution Public

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.