Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Update

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 120,500 shares, a decline of 36.5% from the May 31st total of 189,700 shares. Based on an average daily volume of 76,400 shares, the short-interest ratio is presently 1.6 days. Currently, 2.1% of the shares of the company are short sold.

Paranovus Entertainment Technology Stock Performance

PAVS traded up $0.03 during midday trading on Friday, reaching $0.88. The company had a trading volume of 662 shares, compared to its average volume of 43,746. The business has a 50-day moving average of $0.99 and a two-hundred day moving average of $1.77. Paranovus Entertainment Technology has a 1 year low of $0.72 and a 1 year high of $4.84.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.