Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) Short Interest Down 75.9% in February

Posted by Caroline Horne on Mar 13th, 2025

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL – Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,800 shares, a decline of 75.9% from the February 13th total of 57,200 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 526,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Kaival Brands Innovations Group

An institutional investor recently raised its position in Kaival Brands Innovations Group stock. XTX Topco Ltd raised its stake in shares of Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL – Free Report) by 149.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,955 shares of the company’s stock after buying an additional 20,957 shares during the period. XTX Topco Ltd’s holdings in Kaival Brands Innovations Group were worth $32,000 as of its most recent SEC filing.

Kaival Brands Innovations Group Trading Down 3.1 %

Shares of Kaival Brands Innovations Group stock opened at $0.63 on Thursday. Kaival Brands Innovations Group has a 1 year low of $0.58 and a 1 year high of $9.69. The firm’s 50-day moving average is $1.05 and its 200 day moving average is $0.92.

About Kaival Brands Innovations Group

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Kaival Brands Innovations Group, Inc sells, markets, and distributes electronic nicotine delivery system (ENDS) products and related components in the United States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS product in various flavor options for adult cigarette smokers. It sells its products to non-retail customers through convenience stores and the website www.wholesale.bidivapor.com.