Dave Inc. (NASDAQ:DAVEW) Sees Significant Growth in Short Interest

Dave Inc. (NASDAQ:DAVEW) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 4,700 shares, an increase of 88.0% from the October 31st total of 2,500 shares. Based on an average daily volume of 38,600 shares, the short-interest ratio is presently 0.1 days.

Dave Price Performance

Shares of NASDAQ:DAVEW remained flat at $0.16 during trading hours on Thursday. The company’s stock had a trading volume of 99,603 shares, compared to its average volume of 35,191. The firm has a 50-day simple moving average of $0.06 and a two-hundred day simple moving average of $0.05. Dave has a fifty-two week low of $0.01 and a fifty-two week high of $0.21.

Dave Company Profile

Dave Inc provides a suite of financial products and services through its financial services platform. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile application.