SRIVARU Holding Limited (NASDAQ:SVMH) Short Interest Update

SRIVARU Holding Limited (NASDAQ:SVMH) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 141,700 shares, a drop of 66.1% from the August 31st total of 417,500 shares. Based on an average daily trading volume, of 7,400,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.4% of the company’s shares are short sold.

SRIVARU Price Performance

Shares of NASDAQ SVMH remained flat at $0.08 during mid-day trading on Friday. The stock had a trading volume of 2,597,658 shares, compared to its average volume of 5,310,179. SRIVARU has a 52 week low of $0.08 and a 52 week high of $0.84. The firm’s fifty day moving average is $0.12 and its two-hundred day moving average is $0.17.

About SRIVARU

Mobiv Acquisition Corp is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Mobiv Acquisition Corp is based in Newark, Delaware.