NewGenIvf Group Limited (NASDAQ:NIVF – Get Free Report) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 117,000 shares, a growth of 588.2% from the January 31st total of 17,000 shares. Based on an average trading volume of 1,040,000 shares, the short-interest ratio is presently 0.1 days. Currently, 8.4% of the shares of the company are short sold.
Hedge Funds Weigh In On NewGenIvf Group
A hedge fund recently raised its stake in NewGenIvf Group stock. XTX Topco Ltd increased its position in shares of NewGenIvf Group Limited (NASDAQ:NIVF – Free Report) by 400.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,801 shares of the company’s stock after buying an additional 59,059 shares during the period. XTX Topco Ltd owned 0.73% of NewGenIvf Group worth $30,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 66.24% of the company’s stock.
NewGenIvf Group Stock Performance
Shares of NIVF traded up $0.07 during trading hours on Thursday, hitting $2.41. 1,111,288 shares of the company were exchanged, compared to its average volume of 1,611,727. The firm’s fifty day moving average is $5.14 and its 200 day moving average is $11.02. NewGenIvf Group has a fifty-two week low of $1.85 and a fifty-two week high of $344.80.
About NewGenIvf Group
NewGenIVF Group Ltd. operates as an assisted reproductive services provider. It focuses on providing fertility treatments to fulfil the dreams of building families. The firm offers in-vitro fertilization treatment service, comprising traditional IVF and egg donation, and surrogacy and ancillary caring services.
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