Short Interest in Nova Minerals Limited (NASDAQ:NVAWW) Expands By 2,282.9%

Nova Minerals Limited (NASDAQ:NVAWW) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 834 shares, an increase of 2,282.9% from the April 15th total of 35 shares. Based on an average daily trading volume, of 843 shares, the short-interest ratio is currently 1.0 days.

Nova Minerals Stock Performance

Shares of NVAWW stock traded down $3.01 during mid-day trading on Monday, reaching $28.40. 325 shares of the company’s stock traded hands, compared to its average volume of 2,087. Nova Minerals has a 12 month low of $3.40 and a 12 month high of $67.84. The company’s 50-day moving average price is $29.48 and its 200-day moving average price is $35.30.

Nova Minerals Ltd is an Australia‐based mineral exploration and development company trading on the Nasdaq under the ticker NVAWW and on the Australian Securities Exchange. The company is principally focused on advancing its flagship Estelle Gold Project in Alaska, alongside a portfolio of exploration tenements in one of the world’s most prospective gold regions. Through systematic drilling campaigns and geological mapping, Nova Minerals aims to define and expand a gold resource capable of supporting future feasibility studies.

The Estelle Gold Project covers approximately 98,000 hectares across multiple prospects—including Iceberg, Creek, Gravity, and Jupiter—located about 150 kilometers north of Fairbanks.