SRIVARU Holding Limited (NASDAQ:SVMH) Sees Significant Growth in Short Interest

SRIVARU Holding Limited (NASDAQ:SVMH) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 251,500 shares, an increase of 174.3% from the June 30th total of 91,700 shares. Based on an average daily volume of 8,630,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.8% of the company’s shares are short sold.

SRIVARU Price Performance

Shares of SVMH traded down $0.03 during mid-day trading on Friday, reaching $0.14. 3,638,576 shares of the company were exchanged, compared to its average volume of 4,659,405. The business has a 50 day simple moving average of $0.19 and a two-hundred day simple moving average of $0.20. SRIVARU has a 52 week low of $0.11 and a 52 week high of $0.84.

About SRIVARU

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.