Short Interest in SRIVARU Holding Limited (NASDAQ:SVMH) Declines By 31.2%

SRIVARU Holding Limited (NASDAQ:SVMH) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 289,400 shares, a decline of 31.2% from the March 31st total of 420,700 shares. Based on an average trading volume of 1,110,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.8% of the company’s stock are short sold.

SRIVARU Stock Up 11.1 %

Shares of NASDAQ SVMH traded up $0.02 during trading hours on Friday, hitting $0.20. 1,847,190 shares of the stock were exchanged, compared to its average volume of 497,842. The firm’s fifty day simple moving average is $0.21. SRIVARU has a 12 month low of $0.17 and a 12 month high of $0.84.

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.