SRIVARU Holding Limited (NASDAQ:SVMH) Short Interest Update

SRIVARU Holding Limited (NASDAQ:SVMH) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 22,500,000 shares, an increase of 1,380.3% from the November 30th total of 1,520,000 shares. Approximately 13.8% of the company’s shares are sold short. Based on an average daily trading volume, of 58,240,000 shares, the days-to-cover ratio is currently 0.4 days.

SRIVARU Price Performance

Shares of SVMH stock traded down $0.00 on Thursday, reaching $0.03. 34,406,908 shares of the company’s stock were exchanged, compared to its average volume of 19,219,486. The company’s fifty day simple moving average is $0.04 and its 200 day simple moving average is $0.10. SRIVARU has a 52 week low of $0.02 and a 52 week high of $0.46.

SRIVARU Company Profile

Mobiv Acquisition Corp is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Mobiv Acquisition Corp is based in Newark, Delaware.