Carbon Revolution Public Limited (NASDAQ:CREV) Short Interest Update

Carbon Revolution Public Limited (NASDAQ:CREV) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a decline of 60.0% from the March 31st total of 4,000 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Craig Hallum reduced their price objective on Carbon Revolution Public from $84.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th.

Carbon Revolution Public Price Performance

Shares of Carbon Revolution Public stock traded up $0.05 during trading hours on Friday, hitting $14.10. 1,003 shares of the company were exchanged, compared to its average volume of 9,108. Carbon Revolution Public has a 1 year low of $7.45 and a 1 year high of $197.99. The firm has a 50-day simple moving average of $14.40.

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.