Carbon Revolution Public Limited (NASDAQ:CREV) Short Interest Update

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 60,400 shares, an increase of 157.0% from the November 30th total of 23,500 shares. Based on an average daily volume of 498,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 3.5% of the shares of the company are sold short.

Carbon Revolution Public Trading Up 2.1 %

CREV opened at $8.24 on Friday. The firm’s 50 day simple moving average is $3.42 and its two-hundred day simple moving average is $5.10. Carbon Revolution Public has a 1-year low of $2.00 and a 1-year high of $33.99.

About Carbon Revolution Public

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.