Short Interest in NewGenIvf Group Limited (NASDAQ:NIVFW) Drops By 35.5%

NewGenIvf Group Limited (NASDAQ:NIVFW) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,675 shares, a decline of 35.5% from the June 30th total of 5,699 shares. Based on an average daily volume of 13,973 shares, the days-to-cover ratio is currently 0.3 days.

NewGenIvf Group Price Performance

NASDAQ:NIVFW remained flat at $0.02 during trading hours on Friday. NewGenIvf Group has a fifty-two week low of $0.01 and a fifty-two week high of $0.09. The company has a 50 day moving average of $0.03 and a 200 day moving average of $0.02.

NewGenIvf Group (NASDAQ: NIVFW) is a specialized healthcare company focused on assisted reproductive technologies and regenerative health solutions. Founded in 2012 and headquartered in New Delhi, the company operates an expanding network of fertility centers across India. NewGenIvf Group went public in late 2021 through a business combination with a special purpose acquisition company, positioning itself as one of the first ART-focused platforms listed on a U.S. exchange.

The company’s core services encompass in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI) and fertility preservation techniques such as egg and sperm freezing.