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

Chervon Holdings Limited (OTCMKTS:CHRHFGet Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 15,089 shares, a decline of 86.1% from the June 30th total of 108,855 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Chervon Price Performance

OTCMKTS CHRHF opened at $2.65 on Friday. Chervon has a 1 year low of $1.93 and a 1 year high of $3.60. The business’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.51.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Chervon to a “buy” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

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About Chervon

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Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.

Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.

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