Globavend Holdings Limited (NASDAQ:GVH) Short Interest Update

Globavend Holdings Limited (NASDAQ:GVH) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 17,400 shares, a decrease of 88.4% from the May 31st total of 149,600 shares. Based on an average trading volume of 397,500 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.6% of the company’s shares are sold short.

Globavend Stock Up 5.3 %

NASDAQ:GVH traded up $0.04 during trading hours on Friday, reaching $0.90. 2,950 shares of the stock were exchanged, compared to its average volume of 230,651. Globavend has a twelve month low of $0.79 and a twelve month high of $5.50. The business has a 50-day moving average of $1.22 and a two-hundred day moving average of $1.18.

Globavend Company Profile

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.