Carbon Revolution Public Limited (NASDAQ:CREV – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 4,000 shares, an increase of 17.6% from the March 15th total of 3,400 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short.
Analyst Ratings Changes
Separately, Craig Hallum cut their target price on Carbon Revolution Public from $84.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, April 10th.
Get Our Latest Stock Analysis on CREV
Carbon Revolution Public Trading Up 14.0 %
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.
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