NewGenIvf Group Limited (NASDAQ:NIVFW) Short Interest Up 122.3% in April

NewGenIvf Group Limited (NASDAQ:NIVFW) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 8,817 shares, a growth of 122.3% from the April 15th total of 3,967 shares. Based on an average daily volume of 7,489 shares, the short-interest ratio is currently 1.2 days.

NewGenIvf Group Trading Down 7.3%

NIVFW stock traded down $0.00 during midday trading on Friday, reaching $0.02. 2,525 shares of the company’s stock traded hands, compared to its average volume of 8,832. The company has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.02. NewGenIvf Group has a 1-year low of $0.01 and a 1-year high of $0.05.

NewGenIvf Group (NASDAQ: NIVFW) is a specialized healthcare company focused on assisted reproductive technologies and regenerative health solutions. Founded in 2012 and headquartered in New Delhi, the company operates an expanding network of fertility centers across India. NewGenIvf Group went public in late 2021 through a business combination with a special purpose acquisition company, positioning itself as one of the first ART-focused platforms listed on a U.S. exchange.

The company’s core services encompass in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI) and fertility preservation techniques such as egg and sperm freezing.