SRIVARU Holding Limited (NASDAQ:SVMH) Sees Large Decrease in Short Interest

SRIVARU Holding Limited (NASDAQ:SVMH) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totalling 141,700 shares, a decline of 66.1% from the August 31st total of 417,500 shares. Based on an average daily trading volume, of 7,400,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.4% of the company’s shares are sold short.

SRIVARU Trading Down 13.9 %

Shares of SVMH traded down $0.01 during mid-day trading on Wednesday, reaching $0.08. 4,663,221 shares of the stock traded hands, compared to its average volume of 5,269,626. The stock has a fifty day simple moving average of $0.13 and a 200 day simple moving average of $0.17. SRIVARU has a 12-month low of $0.08 and a 12-month high of $0.84.

About SRIVARU

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.