Sernova Corp. (OTCMKTS:SEOVF) Sees Large Increase in Short Interest

Sernova Corp. (OTCMKTS:SEOVF) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 222,900 shares, an increase of 31.1% from the November 15th total of 170,000 shares. Based on an average daily trading volume, of 53,100 shares, the short-interest ratio is currently 4.2 days.

Sernova Price Performance

Shares of SEOVF remained flat at $0.16 on Friday. 32,400 shares of the company traded hands, compared to its average volume of 27,200. Sernova has a fifty-two week low of $0.15 and a fifty-two week high of $0.55. The firm has a 50-day moving average price of $0.18 and a 200 day moving average price of $0.20. The stock has a market cap of $53.35 million, a price-to-earnings ratio of -2.05 and a beta of 1.14.

Sernova (OTCMKTS:SEOVF) last issued its quarterly earnings results on Monday, September 16th. The company reported ($0.01) earnings per share 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.