Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 33,655 shares, an increase of 13,098.0% from the April 30th total of 255 shares. Based on an average trading volume of 383 shares, the short-interest ratio is currently 87.9 days.
Chervon Stock Performance
CHRHF stock remained flat at $2.23 during mid-day trading on Wednesday. 105 shares of the company’s stock traded hands, compared to its average volume of 734. Chervon has a twelve month low of $1.88 and a twelve month high of $3.60. The firm’s 50 day moving average is $2.22 and its two-hundred day moving average is $2.60.
About Chervon
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.
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