Nvni Group Limited (NASDAQ:NVNIW) Sees Significant Decline in Short Interest

Nvni Group Limited (NASDAQ:NVNIW) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 9,262 shares, a decrease of 16.3% from the January 29th total of 11,063 shares. Based on an average daily volume of 6,394 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 6,394 shares, the short-interest ratio is presently 1.4 days.

Nvni Group Stock Performance

Shares of NASDAQ NVNIW traded up $0.00 during trading hours on Wednesday, hitting $0.03. 600 shares of the company traded hands, compared to its average volume of 8,669. The company’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.07. Nvni Group has a 12 month low of $0.03 and a 12 month high of $0.16.

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.