Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Update

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 23,900 shares, an increase of 51.3% from the November 30th total of 15,800 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 172,300 shares, the days-to-cover ratio is presently 0.1 days.

Paranovus Entertainment Technology Stock Down 0.8 %

Shares of PAVS traded down $0.01 during midday trading on Monday, reaching $1.31. The company had a trading volume of 19,020 shares, compared to its average volume of 69,818. Paranovus Entertainment Technology has a 1-year low of $0.32 and a 1-year high of $2.81. The firm has a 50 day simple moving average of $1.00 and a 200-day simple moving average of $0.93.

Paranovus Entertainment Technology Company Profile

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.