Short Interest in Nvni Group Limited (NASDAQ:NVNIW) Drops By 16.3%

Nvni Group Limited (NASDAQ:NVNIW) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 9,262 shares, a decline of 16.3% from the January 29th total of 11,063 shares. Based on an average trading volume of 6,394 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 6,394 shares, the short-interest ratio is currently 1.4 days.

Nvni Group Stock Performance

Shares of NASDAQ:NVNIW remained flat at $0.03 during trading on Thursday. The company had a trading volume of 600 shares, compared to its average volume of 8,669. The firm has a 50-day moving average of $0.06 and a 200-day moving average of $0.07. Nvni Group has a 12-month low of $0.03 and a 12-month high of $0.16.

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.