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

Nova LifeStyle, Inc. (NASDAQ:NVFY) 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

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.