Nova LifeStyle, Inc. (NASDAQ:NVFY) Short Interest Down 70.0% in December

Nova LifeStyle, Inc. (NASDAQ:NVFY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,500 shares, a drop of 70.0% from the November 30th total of 5,000 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is currently 0.0 days.

Nova LifeStyle Stock Down 1.4 %

Shares of NVFY traded down $0.01 during trading hours on Thursday, hitting $0.52. The stock had a trading volume of 52,009 shares, compared to its average volume of 464,662. Nova LifeStyle has a 1-year low of $0.39 and a 1-year high of $6.38. The firm has a market capitalization of $1.61 million, a P/E ratio of -0.12 and a beta of 1.12. The firm has a 50 day simple moving average of $0.76 and a 200-day simple moving average of $1.24. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.71 and a quick ratio of 0.15.

Nova LifeStyle Company Profile

Nova LifeStyle, Inc, through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices.