Short Interest in Carbon Revolution Public Limited (NASDAQ:CREV) Decreases By 83.2%

Carbon Revolution Public Limited (NASDAQ:CREV) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 14,500 shares, a decline of 83.2% from the July 31st total of 86,100 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 158,600 shares, the days-to-cover ratio is currently 0.1 days.

Carbon Revolution Public Stock Down 2.6 %

Shares of CREV traded down $0.16 during trading hours on Wednesday, reaching $5.95. The stock had a trading volume of 9,536 shares, compared to its average volume of 69,229. Carbon Revolution Public has a 12 month low of $5.25 and a 12 month high of $197.99. The company’s 50-day moving average is $6.80 and its two-hundred day moving average is $10.57.

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.