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

Sernova Corp. (OTCMKTS:SEOVF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 149,000 shares, a decline of 33.2% from the November 30th total of 222,900 shares. Based on an average daily volume of 68,200 shares, the days-to-cover ratio is presently 2.2 days.

Sernova Trading Down 6.4 %

OTCMKTS:SEOVF traded down $0.01 during midday trading on Friday, hitting $0.15. 200,506 shares of the company traded hands, compared to its average volume of 28,430. The firm’s fifty day moving average is $0.17 and its 200-day moving average is $0.19. The firm has a market capitalization of $50.26 million, a P/E ratio of -1.93 and a beta of 1.14. Sernova has a 12-month low of $0.14 and a 12-month high of $0.55.

Sernova (OTCMKTS:SEOVF) last announced its earnings results on Monday, December 23rd. The company reported ($0.01) earnings per share 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.