Sernova Corp. (OTCMKTS:SEOVF) Sees Significant Growth in Short Interest

Sernova Corp. (OTCMKTS:SEOVF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 223,000 shares, a growth of 49.7% from the December 15th total of 149,000 shares. Based on an average trading volume of 125,100 shares, the short-interest ratio is currently 1.8 days.

Sernova Price Performance

Shares of OTCMKTS SEOVF traded down $0.01 during midday trading on Friday, hitting $0.15. 9,708 shares of the company’s stock were exchanged, compared to its average volume of 31,646. Sernova has a twelve month low of $0.14 and a twelve month high of $0.51. The company has a market cap of $49.44 million, a PE ratio of -2.51 and a beta of 1.17. The firm’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.18.

Sernova (OTCMKTS:SEOVF) last released its quarterly earnings results on Monday, December 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter.

Sernova Company Profile

Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.