Short Interest in Nova LifeStyle, Inc. (NASDAQ:NVFY) Decreases By 26.5%

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Free Report) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 5,000 shares, a decrease of 26.5% from the November 15th total of 6,800 shares. Based on an average trading volume of 40,100 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Nova LifeStyle Price Performance

NASDAQ:NVFY traded down $0.04 during trading hours on Friday, hitting $0.40. 36,734 shares of the stock traded hands, compared to its average volume of 476,021. The company has a market cap of $1.24 million, a price-to-earnings ratio of -0.10 and a beta of 1.11. Nova LifeStyle has a 1 year low of $0.39 and a 1 year high of $6.38. The stock has a 50 day moving average price of $0.92 and a 200 day moving average price of $1.33. The company has a quick ratio of 0.15, a current ratio of 0.71 and a debt-to-equity ratio of 3.02.

Nova LifeStyle Company Profile

(Get Free Report)

Nova LifeStyle, Inc, through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices.

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