Sernova Corp. (OTCMKTS:SEOVF) Sees Large Growth in Short Interest

Sernova Corp. (OTCMKTS:SEOVF) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 43,100 shares, a growth of 36.8% from the August 31st total of 31,500 shares. Based on an average daily trading volume, of 69,900 shares, the days-to-cover ratio is currently 0.6 days.

Sernova Stock Performance

SEOVF remained flat at $0.18 during trading on Friday. 3,766 shares of the company were exchanged, compared to its average volume of 36,992. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.32 and a current ratio of 0.32. The business’s fifty day moving average price is $0.19 and its 200 day moving average price is $0.26. Sernova has a fifty-two week low of $0.15 and a fifty-two week high of $0.61. The company has a market cap of $54.65 million, a PE ratio of -2.00 and a beta of 1.18.

Sernova (OTCMKTS:SEOVF) last released its quarterly earnings data on Monday, September 16th. The company reported ($0.01) earnings per share for the quarter.

About Sernova

Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.