Dave Inc. (NASDAQ:DAVEW) Sees Large Drop in Short Interest

Dave Inc. (NASDAQ:DAVEW) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 2,500 shares, a decrease of 70.2% from the October 15th total of 8,400 shares. Based on an average trading volume of 19,100 shares, the days-to-cover ratio is currently 0.1 days.

Dave Stock Up 188.1 %

DAVEW traded up $0.09 on Wednesday, reaching $0.14. 682,873 shares of the company’s stock were exchanged, compared to its average volume of 33,177. Dave has a twelve month low of $0.01 and a twelve month high of $0.21. The company’s 50 day moving average is $0.05 and its 200-day moving average is $0.04.

Dave Company Profile

Dave Inc provides a suite of financial products and services through its financial services platform. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile application.