Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) Short Interest Down 45.5% in May

Posted by Lauren Steadman on Jun 16th, 2025

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 12,700 shares, a drop of 45.5% from the May 15th total of 23,300 shares. Based on an average daily volume of 58,900 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Kaival Brands Innovations Group

An institutional investor recently raised its position in Kaival Brands Innovations Group stock. XTX Topco Ltd raised its stake in Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL – Free Report) by 149.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,955 shares of the company’s stock after buying an additional 20,957 shares during the period. XTX Topco Ltd’s holdings in Kaival Brands Innovations Group were worth $32,000 at the end of the most recent reporting period.

Kaival Brands Innovations Group Price Performance

KAVL traded down $0.02 during trading on Monday, reaching $0.52. The company’s stock had a trading volume of 61,383 shares, compared to its average volume of 1,209,492. The company’s fifty day moving average price is $0.54 and its 200-day moving average price is $0.77. Kaival Brands Innovations Group has a 52-week low of $0.46 and a 52-week high of $4.78.

Kaival Brands Innovations Group (NASDAQ:KAVL – Get Free Report) last posted its quarterly earnings results on Tuesday, June 10th. The company reported ($0.17) earnings per share for the quarter. The company had revenue of $0.05 million during the quarter.

About Kaival Brands Innovations Group

(Get Free Report)

Kaival Brands Innovations Group, Inc sells, markets, and distributes electronic nicotine delivery system (ENDS) products and related components in the United States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS product in various flavor options for adult cigarette smokers. It sells its products to non-retail customers through convenience stores and the website www.wholesale.bidivapor.com.