Short Interest in AvePoint, Inc. (NASDAQ:AVPTW) Drops By 94.5%

AvePoint, Inc. (NASDAQ:AVPTW) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 3,500 shares, a drop of 94.5% from the September 30th total of 63,800 shares. Based on an average daily volume of 212,500 shares, the days-to-cover ratio is presently 0.0 days.

AvePoint Price Performance

Shares of AVPTW stock traded up $0.12 during trading hours on Friday, reaching $2.67. The stock had a trading volume of 193 shares, compared to its average volume of 91,810. The stock’s fifty day simple moving average is $2.51 and its 200 day simple moving average is $1.73. AvePoint has a 12 month low of $0.82 and a 12 month high of $3.09.

AvePoint Company Profile

AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.