Carbon Revolution Public Limited (NASDAQ:CREV) Sees Significant Drop in Short Interest

Posted by Scott Moore on Aug 27th, 2024

Carbon Revolution Public Limited (NASDAQ:CREV – Get Free Report) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 14,500 shares, a decline of 83.2% from the July 31st total of 86,100 shares. Based on an average daily trading volume, of 158,600 shares, the short-interest ratio is currently 0.1 days. Currently, 0.8% of the company’s stock are short sold.

Carbon Revolution Public Price Performance

CREV stock traded down $0.39 during trading on Tuesday, hitting $6.11. 23,784 shares of the company’s stock were exchanged, compared to its average volume of 69,602. The business has a 50-day moving average price of $6.83 and a two-hundred day moving average price of $10.60. Carbon Revolution Public has a 52-week low of $5.25 and a 52-week high of $197.99.

Carbon Revolution Public Company Profile

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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.