Short Interest in AvePoint, Inc. (NASDAQ:AVPTW) Decreases By 94.5%

AvePoint, Inc. (NASDAQ:AVPTW) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,500 shares, a drop of 94.5% from the September 30th total of 63,800 shares. Based on an average daily trading volume, of 212,500 shares, the days-to-cover ratio is currently 0.0 days.

AvePoint Stock Up 4.7 %

Shares of NASDAQ AVPTW traded up $0.12 during trading on Friday, reaching $2.67. 193 shares of the stock traded hands, compared to its average volume of 91,810. AvePoint has a 52-week low of $0.82 and a 52-week high of $3.09. The company has a 50-day moving average of $2.51 and a 200-day moving average of $1.73.

About AvePoint

AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.