Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 19 shares, a growth of 1,800.0% from the April 15th total of 1 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 220 shares, the short-interest ratio is currently 0.1 days.
Chorus Stock Performance
Shares of OTCMKTS CHRYY remained flat at $30.33 during trading hours on Wednesday. The company had a trading volume of 573 shares, compared to its average volume of 177. The company has a 50-day moving average price of $27.78 and a two-hundred day moving average price of $27.25. Chorus has a 12-month low of $22.46 and a 12-month high of $30.33.
About Chorus
Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.
Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.
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