Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 19 shares, a growth of 1,800.0% from the April 15th total of 1 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 220 shares, the short-interest ratio is presently 0.1 days.
Chorus Stock Performance
Chorus stock traded up $0.55 during mid-day trading on Monday, hitting $30.33. 573 shares of the company were exchanged, compared to its average volume of 155. The business’s 50 day simple moving average is $27.72 and its two-hundred day simple moving average is $27.22. Chorus has a 12-month low of $22.46 and a 12-month high of $30.33.
Chorus Company Profile
Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.
Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.
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