Nvni Group Limited (NASDAQ:NVNIW) Sees Large Drop in Short Interest

Nvni Group Limited (NASDAQ:NVNIW) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 11,063 shares, a decrease of 20.5% from the January 15th total of 13,914 shares. Based on an average daily trading volume, of 12,668 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 12,668 shares, the days-to-cover ratio is presently 0.9 days.

Nvni Group Price Performance

Shares of NASDAQ NVNIW traded down $0.01 during trading on Friday, hitting $0.05. The company had a trading volume of 20,994 shares, compared to its average volume of 8,200. Nvni Group has a 52 week low of $0.03 and a 52 week high of $0.16. The business’s 50-day moving average is $0.07 and its 200 day moving average is $0.07.

Nvni Group Company Profile

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.