Short Interest in Carbon Revolution Public Limited (NASDAQ:CREVW) Expands By 8.3%

Carbon Revolution Public Limited (NASDAQ:CREVW) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 61,000 shares, an increase of 8.3% from the March 15th total of 56,300 shares. Based on an average trading volume of 17,400 shares, the days-to-cover ratio is presently 3.5 days.

Carbon Revolution Public Stock Performance

NASDAQ CREVW remained flat at $0.08 during mid-day trading on Wednesday. Carbon Revolution Public has a one year low of $0.03 and a one year high of $0.20. The firm’s 50 day moving average price is $0.07.

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.