Nvni Group Limited (NASDAQ:NVNI) Short Interest Update

Nvni Group Limited (NASDAQ:NVNI) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 842,700 shares, a growth of 91.2% from the February 28th total of 440,700 shares. Based on an average daily volume of 16,560,000 shares, the short-interest ratio is presently 0.1 days. Currently, 6.4% of the company’s stock are sold short.

Nvni Group Stock Down 0.2 %

Shares of NASDAQ:NVNI traded down $0.00 during trading on Friday, reaching $0.21. The stock had a trading volume of 11,654,528 shares, compared to its average volume of 4,930,447. The firm’s 50-day simple moving average is $2.22 and its 200 day simple moving average is $1.66. Nvni Group has a one year low of $0.17 and a one year high of $12.19.

Institutional Trading of Nvni Group

Institutional investors have recently made changes to their positions in the business. Two Sigma Securities LLC acquired a new position in Nvni Group during the 4th quarter valued at approximately $32,000. Geode Capital Management LLC grew its holdings in shares of Nvni Group by 25.4% during the fourth quarter. Geode Capital Management LLC now owns 15,365 shares of the company’s stock valued at $38,000 after buying an additional 3,113 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Nvni Group in the 4th quarter valued at $190,000. Anson Funds Management LP purchased a new position in Nvni Group in the 4th quarter worth $1,288,000. Finally, Heights Capital Management Inc. purchased a new position in Nvni Group in the 4th quarter worth $1,288,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

Nvni Group Company Profile

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.