Short Interest in Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Grows By 51.3%

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 23,900 shares, an increase of 51.3% from the November 30th total of 15,800 shares. Based on an average daily trading volume, of 172,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.5% of the shares of the company are sold short.

Paranovus Entertainment Technology Stock Performance

Shares of Paranovus Entertainment Technology stock traded down $0.01 during trading on Monday, reaching $1.31. The company’s stock had a trading volume of 19,020 shares, compared to its average volume of 69,818. The company has a 50-day moving average price of $1.00 and a two-hundred day moving average price of $0.93. Paranovus Entertainment Technology has a fifty-two week low of $0.32 and a fifty-two week high of $2.81.

Paranovus Entertainment Technology Company Profile

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.