Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Down 17.1% in February

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 30,500 shares, a decrease of 17.1% from the February 13th total of 36,800 shares. Based on an average daily volume of 60,900 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the company’s stock are sold short.

Paranovus Entertainment Technology Price Performance

PAVS stock remained flat at $1.37 during mid-day trading on Tuesday. 6,070 shares of the company’s stock were exchanged, compared to its average volume of 78,803. Paranovus Entertainment Technology has a one year low of $0.32 and a one year high of $1.99. The stock has a 50 day simple moving average of $1.37 and a 200-day simple moving average of $1.09.

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.