Globavend Holdings Limited (NASDAQ:GVH) Short Interest Down 93.0% in November

Globavend Holdings Limited (NASDAQ:GVH) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 3,200 shares, a decline of 93.0% from the October 31st total of 45,600 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 38,400 shares, the short-interest ratio is currently 0.1 days.

Globavend Stock Performance

NASDAQ GVH traded down $0.01 during trading on Wednesday, hitting $0.69. The company’s stock had a trading volume of 7,881 shares, compared to its average volume of 179,558. Globavend has a 52 week low of $0.47 and a 52 week high of $2.57. The firm has a 50 day moving average price of $0.78 and a 200 day moving average price of $0.84.

About Globavend

Globavend Holdings Limited, together with its subsidiaries, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. The company's services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery.