Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Up 51.3% in December

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 23,900 shares, an increase of 51.3% from the November 30th total of 15,800 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 172,300 shares, the short-interest ratio is currently 0.1 days.

Paranovus Entertainment Technology Stock Down 0.8 %

NASDAQ:PAVS traded down $0.01 during midday trading on Monday, hitting $1.31. The stock had a trading volume of 19,020 shares, compared to its average volume of 69,818. The stock has a 50-day moving average of $1.00 and a 200 day moving average of $0.93. Paranovus Entertainment Technology has a one year low of $0.32 and a one year high of $2.81.

About Paranovus Entertainment Technology

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.