Nvni Group Limited (NASDAQ:NVNIW) Short Interest Update

Nvni Group Limited (NASDAQ:NVNIW) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 14,305 shares, an increase of 175.1% from the November 30th total of 5,200 shares. Based on an average trading volume of 7,171 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 7,171 shares, the days-to-cover ratio is presently 2.0 days.

Nvni Group Trading Up 8.6%

Shares of NVNIW traded up $0.01 during mid-day trading on Friday, reaching $0.09. 21,871 shares of the stock traded hands, compared to its average volume of 37,433. The stock has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.07. Nvni Group has a 12-month low of $0.03 and a 12-month high of $0.34.

About Nvni Group

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.