Short Interest in Carbon Revolution Public Limited (NASDAQ:CREV) Increases By 94.5%

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 117,500 shares, a growth of 94.5% from the December 15th total of 60,400 shares. Based on an average trading volume of 526,500 shares, the short-interest ratio is presently 0.2 days. Approximately 6.7% of the shares of the company are sold short.

Carbon Revolution Public Stock Performance

Shares of CREV stock traded up $0.66 during trading hours on Tuesday, reaching $5.58. The company had a trading volume of 96,687 shares, compared to its average volume of 63,044. The business has a fifty day moving average price of $4.05 and a 200-day moving average price of $5.02. Carbon Revolution Public has a one year low of $2.00 and a one year high of $27.28.

Carbon Revolution Public Company Profile

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.