Sernova Corp. (OTCMKTS:SEOVF) Sees Significant Growth in Short Interest

Sernova Corp. (OTCMKTS:SEOVF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 52,100 shares, an increase of 20.9% from the September 15th total of 43,100 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is presently 1.0 days.

Sernova Stock Up 3.0 %

SEOVF stock opened at $0.19 on Tuesday. The stock’s 50 day moving average is $0.19 and its 200-day moving average is $0.24. Sernova has a twelve month low of $0.15 and a twelve month high of $0.60. The firm has a market capitalization of $58.61 million, a PE ratio of -2.15 and a beta of 1.17. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.14.

Sernova (OTCMKTS:SEOVF) last posted its quarterly earnings data on Monday, September 16th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Sernova

Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.