Carbon Revolution Public Limited (NASDAQ:CREV) Short Interest Down 17.3% in March

Carbon Revolution Public Limited (NASDAQ:CREV) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 16,300 shares, a drop of 17.3% from the March 15th total of 19,700 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 115,900 shares, the short-interest ratio is currently 0.1 days.

Carbon Revolution Public Stock Performance

Carbon Revolution Public stock traded down $0.26 during mid-day trading on Monday, hitting $2.97. The company had a trading volume of 1,937 shares, compared to its average volume of 213,982. The business has a fifty day moving average of $3.04 and a 200 day moving average of $3.69. Carbon Revolution Public has a 1 year low of $2.00 and a 1 year high of $15.00.

About Carbon Revolution Public

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.