Chorus Limited (OTCMKTS:CHRYY – Get Free Report) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the October 31st total of 400 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 0.1 days.
Chorus Price Performance
Shares of OTCMKTS:CHRYY traded up $0.03 during mid-day trading on Wednesday, reaching $25.94. The company had a trading volume of 360 shares, compared to its average volume of 564. Chorus has a one year low of $20.85 and a one year high of $28.24. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95. The company’s 50-day moving average price is $26.45 and its 200-day moving average price is $24.59.
Analyst Ratings Changes
Separately, UBS Group upgraded shares of Chorus from a “strong sell” rating to a “hold” rating in a report on Sunday, October 13th.
About Chorus
Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.
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