Nvni Group Limited (NASDAQ:NVNI) Short Interest Update

Nvni Group Limited (NASDAQ:NVNI) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 410,813 shares, an increase of 143.7% from the November 30th total of 168,539 shares. Based on an average daily volume of 227,658 shares, the short-interest ratio is presently 1.8 days. Currently, 5.1% of the company’s stock are short sold. Currently, 5.1% of the company’s stock are short sold. Based on an average daily volume of 227,658 shares, the short-interest ratio is presently 1.8 days.

Nvni Group Stock Down 5.0%

Shares of Nvni Group stock traded down $0.15 during trading on Friday, hitting $2.88. 73,713 shares of the stock traded hands, compared to its average volume of 165,901. The company has a fifty day moving average price of $3.26 and a two-hundred day moving average price of $4.66. Nvni Group has a twelve month low of $1.44 and a twelve month high of $75.80.

Institutional Trading of Nvni Group

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in shares of Nvni Group during the 2nd quarter valued at $40,000. Soltis Investment Advisors LLC boosted its holdings in Nvni Group by 49.3% in the second quarter. Soltis Investment Advisors LLC now owns 173,665 shares of the company’s stock worth $51,000 after purchasing an additional 57,332 shares in the last quarter. Finally, Turim 21 Investimentos Ltda. increased its position in Nvni Group by 50.9% during the third quarter. Turim 21 Investimentos Ltda. now owns 55,870 shares of the company’s stock worth $46,000 after buying an additional 18,847 shares during the last quarter. 0.49% of the stock is owned by institutional investors.

Nvni Group Company Profile

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.