Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Update

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 9,700 shares, a decline of 59.4% from the December 31st total of 23,900 shares. Based on an average trading volume of 61,900 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Paranovus Entertainment Technology Stock Performance

PAVS traded up $0.02 during trading on Tuesday, hitting $1.41. The stock had a trading volume of 11,253 shares, compared to its average volume of 45,074. The company has a 50 day moving average price of $1.19 and a 200-day moving average price of $0.99. Paranovus Entertainment Technology has a one year low of $0.32 and a one year high of $2.52.

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.