Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Large Decrease in Short Interest

Chervon Holdings Limited (OTCMKTS:CHRHF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 2,800 shares, a decline of 89.7% from the December 15th total of 27,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 28.0 days.

Chervon Price Performance

Shares of OTCMKTS CHRHF remained flat at $2.32 during mid-day trading on Monday. Chervon has a fifty-two week low of $1.65 and a fifty-two week high of $2.79. The firm’s 50 day moving average price is $2.34 and its 200 day moving average price is $2.38.

About Chervon

Chervon Holdings Limited, together with its subsidiaries, engages in the research, development, manufacture, testing, sale, and after-sale servicing of power tools, outdoor power equipment, and related products in North America, Europe, China, and internationally. It operates through Power Tools, Outdoor Power Equipment, and Others segments.