SRIVARU Holding Limited (NASDAQ:SVMH) Sees Significant Growth in Short Interest

SRIVARU Holding Limited (NASDAQ:SVMHGet Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 569,300 shares, an increase of 366.6% from the May 15th total of 122,000 shares. Based on an average trading volume of 1,560,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.6% of the company’s shares are sold short.

SRIVARU Stock Performance

NASDAQ SVMH traded up $0.09 on Friday, hitting $0.24. The company’s stock had a trading volume of 268,194,719 shares, compared to its average volume of 3,832,527. SRIVARU has a 1-year low of $0.11 and a 1-year high of $0.84. The stock’s 50-day simple moving average is $0.18.

SRIVARU Company Profile

(Get Free Report)

Mobiv Acquisition Corp is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Mobiv Acquisition Corp is based in Newark, Delaware.

Further Reading

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