NewGenIvf Group Limited (NASDAQ:NIVFW) Short Interest Down 35.5% in July

NewGenIvf Group Limited (NASDAQ:NIVFW) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 3,675 shares, a drop of 35.5% from the June 30th total of 5,699 shares. Based on an average trading volume of 13,973 shares, the days-to-cover ratio is currently 0.3 days.

NewGenIvf Group Stock Performance

NIVFW stock remained flat at $0.02 during midday trading on Friday. NewGenIvf Group has a 1-year low of $0.01 and a 1-year high of $0.09. The company’s 50 day moving average is $0.03 and its 200-day moving average is $0.02.

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.