Swvl Holdings Corp. (NASDAQ:SWVL) Short Interest Update

Swvl Holdings Corp. (NASDAQ:SWVL) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 124,811 shares, an increase of 195.1% from the January 29th total of 42,297 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily volume of 4,091,819 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,091,819 shares, the short-interest ratio is currently 0.0 days. Approximately 1.8% of the company’s shares are short sold.

Swvl Stock Performance

Shares of NASDAQ SWVL opened at $1.58 on Friday. The firm has a fifty day simple moving average of $1.97 and a two-hundred day simple moving average of $2.75. Swvl has a 12 month low of $1.32 and a 12 month high of $5.24.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Swvl in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Swvl Company Profile

Swvl Inc is a provider of bus-based mass transit and shared mobility solutions, operating through a digital platform that connects commuters with scheduled bus routes and on-demand shuttles. The company’s technology-driven approach enables users to book rides via its mobile application, offering affordable and reliable transportation alternatives in urban and intercity markets. Swvl’s services cater to both individual commuters and corporate clients, helping businesses manage employee transportation through customized route planning and fleet management tools.

Founded in 2017 by Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh, Swvl began operations in Cairo, Egypt, before rapidly expanding across emerging markets.