Chervon Holdings Limited (OTCMKTS:CHRHF) Sees Significant Decrease in Short Interest

Chervon Holdings Limited (OTCMKTS:CHRHFGet Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 15,089 shares, a drop of 86.1% from the June 30th total of 108,855 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Chervon to a “buy” rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Check Out Our Latest Research Report on Chervon

Chervon Price Performance

Chervon stock opened at $2.65 on Friday. The company has a 50 day moving average price of $2.18 and a 200 day moving average price of $2.51. Chervon has a 52 week low of $1.93 and a 52 week high of $3.60.

About Chervon

(Get Free Report)

Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.

Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.

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