Nvni Group Limited (NASDAQ:NVNIW) Short Interest Up 107.5% in January

Nvni Group Limited (NASDAQ:NVNIW) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 13,914 shares, a growth of 107.5% from the December 31st total of 6,705 shares. Based on an average daily volume of 3,847 shares, the short-interest ratio is currently 3.6 days. Based on an average daily volume of 3,847 shares, the short-interest ratio is currently 3.6 days.

Nvni Group Trading Down 17.2%

NASDAQ NVNIW traded down $0.01 during trading hours on Friday, hitting $0.05. 5,100 shares of the company’s stock were exchanged, compared to its average volume of 6,337. The stock has a 50-day simple moving average of $0.07 and a 200 day simple moving average of $0.07. Nvni Group has a 1-year low of $0.03 and a 1-year high of $0.31.

About Nvni Group

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.