Sernova Corp. (OTCMKTS:SEOVF) Short Interest Up 36.8% in September

Sernova Corp. (OTCMKTS:SEOVF) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 43,100 shares, an increase of 36.8% from the August 31st total of 31,500 shares. Based on an average trading volume of 69,900 shares, the days-to-cover ratio is presently 0.6 days.

Sernova Price Performance

Sernova stock remained flat at $0.18 during midday trading on Friday. 3,766 shares of the company’s stock traded hands, compared to its average volume of 36,992. The company has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.26. Sernova has a twelve month low of $0.15 and a twelve month high of $0.61. The company has a market capitalization of $54.65 million, a P/E ratio of -2.00 and a beta of 1.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.32 and a current ratio of 0.32.

Sernova (OTCMKTS:SEOVF) last issued its quarterly earnings results 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.