NewGenIvf Group Limited (NASDAQ:NIVF) Sees Large Increase in Short Interest

NewGenIvf Group Limited (NASDAQ:NIVF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,430,000 shares, a growth of 838.3% from the November 30th total of 152,400 shares. Based on an average trading volume of 6,520,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 48.3% of the company’s shares are short sold.

NewGenIvf Group Stock Performance

NASDAQ:NIVF traded up $0.03 on Thursday, hitting $0.37. 1,932,003 shares of the stock were exchanged, compared to its average volume of 3,619,669. The stock has a fifty day moving average of $0.60 and a 200-day moving average of $0.78. NewGenIvf Group has a fifty-two week low of $0.24 and a fifty-two week high of $17.24.

About NewGenIvf Group

A SPAC I Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. A SPAC I Acquisition Corp. is based in Singapore.