Short Interest in Sernova Corp. (OTCMKTS:SEOVF) Expands By 7,818.8%

Sernova Corp. (OTCMKTS:SEOVFGet Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 253,400 shares, an increase of 7,818.8% from the February 13th total of 3,200 shares. Based on an average daily trading volume, of 63,900 shares, the short-interest ratio is currently 4.0 days. Approximately 0.1% of the company’s stock are sold short.

Sernova Stock Performance

Shares of SEOVF stock opened at $0.13 on Thursday. Sernova has a one year low of $0.12 and a one year high of $0.45. The company’s 50-day moving average is $0.14 and its 200 day moving average is $0.17. The company has a market capitalization of $41.68 million, a price-to-earnings ratio of -2.12 and a beta of 1.13.

Sernova (OTCMKTS:SEOVFGet Free Report) last issued its quarterly earnings data on Monday, December 23rd. The company reported ($0.01) earnings per share for the quarter.

About Sernova

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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.

Further Reading

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