Short Interest in Nvni Group Limited (NASDAQ:NVNI) Expands By 737.4%

Nvni Group Limited (NASDAQ:NVNI) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 143,200 shares, an increase of 737.4% from the December 15th total of 17,100 shares. Based on an average trading volume of 1,930,000 shares, the short-interest ratio is presently 0.1 days. Approximately 1.8% of the shares of the company are sold short.

Nvni Group Trading Down 12.2 %

Shares of NVNI stock traded down $0.20 during midday trading on Monday, hitting $1.44. The company had a trading volume of 365,737 shares, compared to its average volume of 572,904. Nvni Group has a 52-week low of $0.33 and a 52-week high of $12.19. The company’s 50 day simple moving average is $1.77 and its 200 day simple moving average is $1.33.

About Nvni Group

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.