Nvni Group Limited (NASDAQ:NVNI) Short Interest Update

Nvni Group Limited (NASDAQ:NVNI) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 842,700 shares, an increase of 91.2% from the February 28th total of 440,700 shares. Based on an average trading volume of 16,560,000 shares, the short-interest ratio is currently 0.1 days. Approximately 6.4% of the company’s stock are short sold.

Institutional Trading of Nvni Group

Several hedge funds have recently bought and sold shares of NVNI. Anson Funds Management LP bought a new position in shares of Nvni Group in the fourth quarter valued at $1,288,000. Jane Street Group LLC acquired a new stake in shares of Nvni Group in the 4th quarter worth about $190,000. Two Sigma Securities LLC bought a new position in Nvni Group in the 4th quarter valued at about $32,000. Heights Capital Management Inc. acquired a new position in Nvni Group during the 4th quarter valued at about $1,288,000. Finally, Geode Capital Management LLC increased its holdings in Nvni Group by 25.4% during the 4th quarter. Geode Capital Management LLC now owns 15,365 shares of the company’s stock worth $38,000 after purchasing an additional 3,113 shares in the last quarter. Institutional investors and hedge funds own 0.49% of the company’s stock.

Nvni Group Trading Down 0.2 %

Nvni Group stock traded down $0.00 during mid-day trading on Friday, reaching $0.21. The stock had a trading volume of 11,654,528 shares, compared to its average volume of 4,930,447. Nvni Group has a fifty-two week low of $0.17 and a fifty-two week high of $12.19. The stock’s 50-day simple moving average is $2.22 and its 200-day simple moving average is $1.67.

Nvni Group Company Profile

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.