SRIVARU Holding Limited (NASDAQ:SVMH) Short Interest Up 250.0% in November

SRIVARU Holding Limited (NASDAQ:SVMH) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 8,260,000 shares, a growth of 250.0% from the October 31st total of 2,360,000 shares. Based on an average daily volume of 23,320,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 16.9% of the shares of the stock are sold short.

SRIVARU Stock Performance

Shares of NASDAQ SVMH remained flat at $0.02 during trading hours on Thursday. The company had a trading volume of 21,125,427 shares, compared to its average volume of 10,441,056. The business’s 50-day moving average is $0.06 and its 200-day moving average is $0.12. SRIVARU has a 52 week low of $0.02 and a 52 week high of $0.84.

SRIVARU Company Profile

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.