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

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

Paranovus Entertainment Technology Trading Down 0.4 %

Shares of PAVS traded down $0.01 on Friday, reaching $1.32. 10,466 shares of the company’s stock were exchanged, compared to its average volume of 70,024. Paranovus Entertainment Technology has a 12 month low of $0.32 and a 12 month high of $2.88. The business has a 50 day moving average price of $1.00 and a two-hundred day moving average price of $0.92.

About Paranovus Entertainment Technology

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.