Nvni Group Limited (NASDAQ:NVNIW) Sees Significant Decrease in Short Interest

Nvni Group Limited (NASDAQ:NVNIW) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,551 shares, a drop of 14.9% from the February 26th total of 5,345 shares. Based on an average daily volume of 4,579 shares, the short-interest ratio is currently 1.0 days.

Nvni Group Stock Down 9.9%

Shares of NVNIW opened at $0.05 on Thursday. The company has a 50 day moving average price of $0.05 and a 200-day moving average price of $0.07. Nvni Group has a fifty-two week low of $0.03 and a fifty-two week 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.