Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 10,170 shares, a decline of 41.8% from the August 15th total of 17,489 shares. Based on an average trading volume of 146 shares, the days-to-cover ratio is currently 69.7 days.
Analysts Set New Price Targets
Separately, Citigroup upgraded Chervon to a “buy” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Chervon currently has a consensus rating of “Buy”.
Check Out Our Latest Analysis on CHRHF
Chervon Stock Performance
Chervon Company Profile
Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.
Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.
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