NewGenIvf Group Limited (NASDAQ:NIVF) Short Interest Up 57.7% in February

NewGenIvf Group Limited (NASDAQ:NIVF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 184,500 shares, an increase of 57.7% from the February 13th total of 117,000 shares. Based on an average daily volume of 1,200,000 shares, the short-interest ratio is currently 0.2 days. Approximately 79.0% of the shares of the company are sold short.

NewGenIvf Group Stock Up 0.9 %

NIVF stock traded up $0.01 during midday trading on Friday, hitting $1.07. The company’s stock had a trading volume of 259,248 shares, compared to its average volume of 470,824. The stock’s 50-day moving average price is $3.67 and its 200 day moving average price is $9.63. NewGenIvf Group has a 1 year low of $0.94 and a 1 year high of $65.60.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NewGenIvf Group stock. XTX Topco Ltd grew its position in shares of NewGenIvf Group Limited (NASDAQ:NIVF) by 400.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 73,801 shares of the company’s stock after buying an additional 59,059 shares during the period. XTX Topco Ltd owned 0.73% of NewGenIvf Group worth $30,000 at the end of the most recent reporting period. 66.24% of the stock is currently owned by hedge funds and other institutional investors.

NewGenIvf Group Company Profile

NewGenIVF Group Ltd. operates as an assisted reproductive services provider. It focuses on providing fertility treatments to fulfil the dreams of building families. The firm offers in-vitro fertilization treatment service, comprising traditional IVF and egg donation, and surrogacy and ancillary caring services.