Chorus Limited (OTCMKTS:CHRYY) Short Interest Down 75.0% in November

Chorus Limited (OTCMKTS:CHRYY) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a decline of 75.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Chorus from a “strong sell” rating to a “hold” rating in a research note on Sunday, October 13th.

Chorus Stock Performance

CHRYY remained flat at $25.94 during trading on Thursday. 47 shares of the company traded hands, compared to its average volume of 564. The stock has a fifty day moving average of $26.45 and a 200-day moving average of $24.59. The company has a debt-to-equity ratio of 4.95, a current ratio of 0.37 and a quick ratio of 0.37. Chorus has a 1 year low of $20.85 and a 1 year high of $28.24.

About Chorus

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.