Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Down 18.9% in September

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 22,800 shares, a drop of 18.9% from the August 31st total of 28,100 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.4% of the company’s stock are sold short.

Paranovus Entertainment Technology Stock Performance

NASDAQ:PAVS remained flat at $0.90 during trading hours on Friday. 15,175 shares of the company were exchanged, compared to its average volume of 33,056. Paranovus Entertainment Technology has a 12-month low of $0.72 and a 12-month high of $3.49. The business has a 50 day moving average of $0.94 and a 200-day moving average of $1.08.

Paranovus Entertainment Technology Company Profile

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.