Short Interest in NewGenIvf Group Limited (NASDAQ:NIVFW) Increases By 110.4%

NewGenIvf Group Limited (NASDAQ:NIVFW) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 5,160 shares, an increase of 110.4% from the May 31st total of 2,453 shares. Based on an average daily trading volume, of 3,798 shares, the short-interest ratio is currently 1.4 days.

NewGenIvf Group Stock Down 13.3%

NewGenIvf Group stock opened at $0.03 on Thursday. The stock’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. NewGenIvf Group has a fifty-two week low of $0.01 and a fifty-two week high of $0.09.

NewGenIvf Group (NASDAQ: NIVFW) is a specialized healthcare company focused on assisted reproductive technologies and regenerative health solutions. Founded in 2012 and headquartered in New Delhi, the company operates an expanding network of fertility centers across India. NewGenIvf Group went public in late 2021 through a business combination with a special purpose acquisition company, positioning itself as one of the first ART-focused platforms listed on a U.S. exchange.

The company’s core services encompass in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI) and fertility preservation techniques such as egg and sperm freezing.