Sernova Corp. (OTCMKTS:SEOVF) Short Interest Update

Sernova Corp. (OTCMKTS:SEOVF) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,900 shares, a decrease of 98.2% from the March 31st total of 106,700 shares. Based on an average daily trading volume, of 41,900 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Raymond James started coverage on Sernova in a research note on Thursday, April 4th. They issued a “market perform” rating and a $1.50 price objective for the company.

Sernova Trading Up 2.9 %

SEOVF stock traded up $0.01 during trading on Friday, hitting $0.32. The company had a trading volume of 11,503 shares, compared to its average volume of 19,347. The business has a 50-day moving average of $0.40 and a 200-day moving average of $0.47. Sernova has a one year low of $0.29 and a one year high of $0.83. The stock has a market cap of $96.64 million, a PE ratio of -3.44 and a beta of 1.16. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.14.

Sernova (OTCMKTS:SEOVF) last announced its earnings results on Monday, March 18th. The company reported ($0.02) EPS for the quarter.

Sernova Company Profile

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.