Short Interest in Nvni Group Limited (NASDAQ:NVNIW) Rises By 175.1%

Nvni Group Limited (NASDAQ:NVNIW) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 14,305 shares, a growth of 175.1% from the November 30th total of 5,200 shares. Based on an average daily volume of 7,171 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 7,171 shares, the days-to-cover ratio is presently 2.0 days.

Nvni Group Price Performance

Shares of NVNIW stock opened at $0.09 on Friday. The stock has a 50 day simple moving average of $0.08 and a 200-day simple moving average of $0.07. Nvni Group has a 12-month low of $0.03 and a 12-month high of $0.34.

Nvni Group Company Profile

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.