Short Interest in Carbon Revolution Public Limited (NASDAQ:CREV) Declines By 21.6%

Carbon Revolution Public Limited (NASDAQ:CREV) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 22,900 shares, a decline of 21.6% from the February 13th total of 29,200 shares. Based on an average trading volume of 610,500 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.3% of the shares of the company are short sold.

Carbon Revolution Public Stock Performance

Shares of NASDAQ CREV traded down $0.03 during trading on Wednesday, reaching $2.90. 1,956 shares of the company traded hands, compared to its average volume of 212,053. The firm’s fifty day simple moving average is $3.88 and its 200 day simple moving average is $4.06. Carbon Revolution Public has a 12-month low of $2.00 and a 12-month high of $21.99.

Carbon Revolution Public Company Profile

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.