Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) Short Interest Update

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 84,800 shares, a growth of 80.8% from the December 15th total of 46,900 shares. Currently, 3.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 400,100 shares, the short-interest ratio is presently 0.2 days.

Kaival Brands Innovations Group Stock Down 9.0 %

NASDAQ KAVL opened at $1.11 on Wednesday. Kaival Brands Innovations Group has a 52-week low of $0.58 and a 52-week high of $9.69. The company has a fifty day moving average of $0.86 and a 200-day moving average of $0.91.

About Kaival Brands Innovations Group

Kaival Brands Innovations Group, Inc sells, markets, and distributes electronic nicotine delivery system (ENDS) products and related components in the United States. The company offers Bidi Stick, a disposable and tamper-resistant ENDS product in various flavor options for adult cigarette smokers. It sells its products to non-retail customers through convenience stores and the website www.wholesale.bidivapor.com.