Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 33 shares, a drop of 79.1% from the August 31st total of 158 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,085 shares, the days-to-cover ratio is presently 0.0 days.
Chorus Stock Down 0.3%
Chorus stock traded down $0.08 during trading hours on Friday, hitting $23.59. The stock had a trading volume of 1,561 shares, compared to its average volume of 452. Chorus has a 12-month low of $23.06 and a 12-month high of $30.33. The stock’s 50-day moving average price is $26.69 and its 200-day moving average price is $27.57.
About Chorus
Chorus Limited is a New Zealand telecommunications infrastructure company that owns and operates the country’s nationwide fixed-line communications network. The company does not generally provide retail telecommunications services directly to consumers; instead, it supplies wholesale network access to internet service providers and other communications companies.
Chorus’s network supports high-speed broadband, voice, data and other digital communications services. Its infrastructure includes a nationwide fiber-optic network developed through New Zealand’s Ultra-Fast Broadband initiative, as well as remaining copper-based connections and related network assets.
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