Carbon Revolution Public Limited (NASDAQ:CREVW) Sees Large Drop in Short Interest

Carbon Revolution Public Limited (NASDAQ:CREVW) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 16,216 shares, a decrease of 27.6% from the December 31st total of 22,383 shares. Based on an average daily trading volume, of 68,727 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 68,727 shares, the days-to-cover ratio is currently 0.2 days.

Carbon Revolution Public Price Performance

NASDAQ CREVW opened at $0.01 on Friday. Carbon Revolution Public has a fifty-two week low of $0.01 and a fifty-two week high of $0.06. The business has a fifty day moving average of $0.01 and a 200-day moving average of $0.02.

About Carbon Revolution Public

Carbon Revolution Public (NASDAQ: CREVW) is an automotive technology company that specializes in the design and manufacture of single-piece carbon fiber wheels for high-performance and premium vehicle applications. Leveraging advanced composite materials and proprietary molding processes, the company produces lightweight, high-strength wheels that help automakers reduce unsprung mass, improve fuel efficiency, and enhance vehicle dynamics.

Founded in Geelong, Australia, in 2007, Carbon Revolution has developed its flagship manufacturing facility around a fully integrated production line for carbon fiber wheels.