Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Short Interest Update

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 9,700 shares, a decrease of 59.4% from the December 31st total of 23,900 shares. Based on an average trading volume of 61,900 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

Paranovus Entertainment Technology Stock Performance

Shares of NASDAQ:PAVS traded up $0.02 during trading on Tuesday, reaching $1.41. 11,253 shares of the company traded hands, compared to its average volume of 45,074. The company’s 50 day moving average is $1.19 and its two-hundred day moving average is $0.99. Paranovus Entertainment Technology has a 52 week low of $0.32 and a 52 week high of $2.52.

Paranovus Entertainment Technology Company Profile

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.