Vivic Corp. (OTCMKTS:VIVC) Sees Large Drop in Short Interest

Vivic Corp. (OTCMKTS:VIVC) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 200 shares, a drop of 95.1% from the May 15th total of 4,100 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 0.2 days.

Vivic Price Performance

OTCMKTS VIVC opened at $0.19 on Thursday. The firm has a 50 day simple moving average of $0.35 and a 200-day simple moving average of $1.22. Vivic has a one year low of $0.19 and a one year high of $5.85.

About Vivic

Vivic Corp. engages in the construction of marinas and yachts under Monte Fino brand in the mainland China. It operates Joy Wave, an online platform that offers yacht rental and leisure services; development of energy-saving yacht engines; and provision of tourism consultancy services, as well as yacht services.