Short Interest in Carbon Revolution Public Limited (NASDAQ:CREVW) Expands By 8.3%

Carbon Revolution Public Limited (NASDAQ:CREVW) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 61,000 shares, an increase of 8.3% from the March 15th total of 56,300 shares. Based on an average daily trading volume, of 17,400 shares, the days-to-cover ratio is currently 3.5 days.

Carbon Revolution Public Price Performance

Shares of CREVW remained flat at $0.08 during trading hours on Wednesday. The firm’s 50-day simple moving average is $0.07. Carbon Revolution Public has a 1 year low of $0.03 and a 1 year high of $0.20.

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.