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

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 33,378 shares, a decline of 33.5% from the August 15th total of 50,187 shares. Based on an average daily trading volume, of 33,584 shares, the short-interest ratio is presently 1.0 days. Approximately 238.4% of the company’s shares are short sold.

Analyst Ratings Changes

PAVS has been the topic of several research reports. Weiss Ratings raised Paranovus Entertainment Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 29th. Wall Street Zen cut Paranovus Entertainment Technology from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Paranovus Entertainment Technology Trading Up 0.0%

Shares of Paranovus Entertainment Technology stock traded up $0.00 during trading on Friday, reaching $4.03. The company’s stock had a trading volume of 2,853 shares, compared to its average volume of 457,603. Paranovus Entertainment Technology has a 52 week low of $3.76 and a 52 week high of $148,800.00. The business’s 50-day moving average price is $5.14 and its 200-day moving average price is $199.22.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.