Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Sees Large Drop in Short Interest

Posted by Jeff Wilder on Jul 10th, 2026

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 68,864 shares, a drop of 90.4% from the June 15th total of 717,369 shares. Currently, 491.9% of the shares of the company are short sold. Based on an average daily volume of 1,046,434 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research firms have commented on PAVS. Weiss Ratings upgraded shares of Paranovus Entertainment Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 29th. Wall Street Zen downgraded Paranovus Entertainment Technology from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Research Report on PAVS

Paranovus Entertainment Technology Price Performance

Shares of NASDAQ PAVS traded up $0.02 during midday trading on Friday, reaching $5.75. 44,250 shares of the company traded hands, compared to its average volume of 180,118. The stock has a 50-day moving average price of $67.92 and a 200 day moving average price of $886.87. Paranovus Entertainment Technology has a 52 week low of $5.36 and a 52 week high of $148,800.00.

Paranovus Entertainment Technology Company Profile

(Get Free Report)

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.