Chorus Ltd. (OTCMKTS:CHRYY) Sees Large Increase in Short Interest

Chorus Ltd. (OTCMKTS:CHRYYGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 58 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,065 shares, the days-to-cover ratio is currently 0.1 days.

Chorus Price Performance

OTCMKTS CHRYY opened at $27.80 on Thursday. Chorus has a 1-year low of $23.50 and a 1-year high of $30.33. The business’s 50-day simple moving average is $28.46 and its 200-day simple moving average is $27.96.

About Chorus

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Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.

Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.

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