NewGenIvf Group Limited (NASDAQ:NIVFW) Short Interest Up 110.4% in June

NewGenIvf Group Limited (NASDAQ:NIVFW) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 5,160 shares, an increase of 110.4% from the May 31st total of 2,453 shares. Based on an average daily trading volume, of 3,798 shares, the days-to-cover ratio is currently 1.4 days.

NewGenIvf Group Trading Down 13.3%

NASDAQ NIVFW traded down $0.00 during trading on Wednesday, hitting $0.03. The stock had a trading volume of 9,662 shares, compared to its average volume of 11,985. NewGenIvf Group has a 12 month low of $0.01 and a 12 month high of $0.09. The company’s 50-day moving average price is $0.02 and its two-hundred day moving average price is $0.02.

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.