SRIVARU Holding Limited (NASDAQ:SVMH) Sees Large Decrease in Short Interest

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

SRIVARU Stock Performance

SRIVARU stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.08. The company’s stock had a trading volume of 4,663,221 shares, compared to its average volume of 5,269,626. The business has a 50 day moving average price of $0.13 and a 200-day moving average price of $0.17. SRIVARU has a twelve month low of $0.08 and a twelve month high of $0.84.

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.