Short Interest in SRIVARU Holding Limited (NASDAQ:SVMH) Increases By 452.2%

SRIVARU Holding Limited (NASDAQ:SVMH) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 782,500 shares, a growth of 452.2% from the September 15th total of 141,700 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 6,090,000 shares, the short-interest ratio is presently 0.1 days.

SRIVARU Price Performance

Shares of NASDAQ:SVMH remained flat at $0.08 during trading on Thursday. 1,852,372 shares of the stock were exchanged, compared to its average volume of 5,297,582. SRIVARU has a 1 year low of $0.07 and a 1 year high of $0.84. The firm’s 50-day moving average price is $0.11 and its 200-day moving average price is $0.16.

SRIVARU Company Profile

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.