NewGenIvf Group Limited (NASDAQ:NIVFW) Short Interest Down 58.7% in May

NewGenIvf Group Limited (NASDAQ:NIVFW) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,453 shares, a drop of 58.7% from the May 14th total of 5,944 shares. Based on an average trading volume of 31,966 shares, the short-interest ratio is currently 0.1 days.

NewGenIvf Group Price Performance

Shares of NewGenIvf Group stock remained flat at $0.02 during trading hours on Friday. NewGenIvf Group has a twelve month low of $0.01 and a twelve month high of $0.09. The business has a 50-day moving average of $0.02 and a 200 day moving average of $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.