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

NewGenIvf Group Limited (NASDAQ:NIVF) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 152,400 shares, an increase of 3,910.5% from the November 15th total of 3,800 shares. Approximately 5.2% of the shares of the company are short sold. Based on an average trading volume of 4,580,000 shares, the short-interest ratio is presently 0.0 days.

NewGenIvf Group Stock Performance

Shares of NIVF traded down $0.06 during mid-day trading on Friday, reaching $0.32. 3,179,072 shares of the company’s stock traded hands, compared to its average volume of 3,579,545. NewGenIvf Group has a 12 month low of $0.30 and a 12 month high of $17.24. The business’s 50-day moving average price is $0.70 and its 200-day moving average price is $0.84.

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.