Short Interest in SRIVARU Holding Limited (NASDAQ:SVMH) Grows By 250.0%

SRIVARU Holding Limited (NASDAQ:SVMH) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 8,260,000 shares, an increase of 250.0% from the October 31st total of 2,360,000 shares. Approximately 16.9% of the shares of the stock are short sold. Based on an average trading volume of 23,320,000 shares, the days-to-cover ratio is presently 0.4 days.

SRIVARU Price Performance

SVMH stock traded up $0.00 during midday trading on Wednesday, hitting $0.02. 16,948,651 shares of the company’s stock were exchanged, compared to its average volume of 10,424,028. The business has a 50-day simple moving average of $0.06 and a two-hundred day simple moving average of $0.12. SRIVARU has a 1-year low of $0.02 and a 1-year high of $0.84.

About SRIVARU

Mobiv Acquisition Corp is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Mobiv Acquisition Corp is based in Newark, Delaware.