Short Interest in Chorus Ltd. (OTCMKTS:CHRYY) Expands By ∞

Chorus Ltd. (OTCMKTS:CHRYYGet Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 15 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 471 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Chorus Price Performance

Shares of Chorus stock opened at $27.89 on Friday. Chorus has a 52 week low of $24.21 and a 52 week high of $30.33. The business has a 50 day moving average price of $27.87 and a 200-day moving average price of $28.00.

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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