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Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Sees Large Decrease in Short Interest


Paranovus Entertainment Technology Ltd. (NASDAQ:PAVSGet Free Report) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 103,800 shares, a drop of 13.9% from the June 15th total of 120,500 shares. Based on an average daily trading volume, of 77,300 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.8% of the company’s stock are sold short.

Paranovus Entertainment Technology Stock Performance

NASDAQ PAVS opened at $0.80 on Friday. Paranovus Entertainment Technology has a fifty-two week low of $0.72 and a fifty-two week high of $4.84. The business has a 50 day moving average price of $0.94 and a two-hundred day moving average price of $1.63.

Paranovus Entertainment Technology Company Profile

(Get Free Report)

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.

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source: https://www.defenseworld.net/2024/07/14/paranovus-entertainment-technology-ltd-nasdaqpavs-sees-large-decrease-in-short-interest.html

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