Nova LifeStyle, Inc. (NASDAQ:NVFY) Short Interest Update

Nova LifeStyle, Inc. (NASDAQ:NVFY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,500 shares, a drop of 70.0% from the November 30th total of 5,000 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Nova LifeStyle Price Performance

Shares of NVFY stock traded down $0.03 during trading hours on Friday, hitting $0.53. The company’s stock had a trading volume of 7,496 shares, compared to its average volume of 462,882. The business has a fifty day moving average of $0.74 and a 200-day moving average of $1.24. The stock has a market cap of $1.64 million, a price-to-earnings ratio of -0.12 and a beta of 1.11. The company has a current ratio of 0.71, a quick ratio of 0.15 and a debt-to-equity ratio of 3.02. Nova LifeStyle has a twelve month low of $0.39 and a twelve month high of $6.38.

About Nova LifeStyle

Nova LifeStyle, Inc, through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices.