Vivakor, Inc. (NASDAQ:VIVK) Short Interest Update

Vivakor, Inc. (NASDAQ:VIVK) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 85,600 shares, an increase of 63.4% from the January 15th total of 52,400 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 35,700 shares, the short-interest ratio is currently 2.4 days.

Vivakor Stock Down 1.2 %

VIVK opened at $0.84 on Thursday. Vivakor has a 1-year low of $0.67 and a 1-year high of $3.45. The stock has a market capitalization of $34.24 million, a price-to-earnings ratio of -1.94 and a beta of 1.05. The business has a 50 day moving average of $1.14 and a 200-day moving average of $1.50. The company has a current ratio of 0.10, a quick ratio of 0.09 and a debt-to-equity ratio of 0.44.

Institutional Trading of Vivakor

An institutional investor recently bought a new position in Vivakor stock. Y Intercept Hong Kong Ltd bought a new position in Vivakor, Inc. (NASDAQ:VIVK) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,881 shares of the company’s stock, valued at approximately $48,000. Y Intercept Hong Kong Ltd owned 0.11% of Vivakor at the end of the most recent reporting period. Institutional investors and hedge funds own 12.31% of the company’s stock.

Vivakor Company Profile

Vivakor, Inc operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas.