NewGenIvf Group Limited (NASDAQ:NIVF) Short Interest Up 57.7% in February

NewGenIvf Group Limited (NASDAQ:NIVF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 184,500 shares, an increase of 57.7% from the February 13th total of 117,000 shares. Based on an average daily volume of 1,200,000 shares, the short-interest ratio is currently 0.2 days. Approximately 79.0% of the shares of the stock are sold short.

NewGenIvf Group Stock Up 0.9 %

NASDAQ NIVF traded up $0.01 during trading hours on Friday, reaching $1.07. The company’s stock had a trading volume of 259,248 shares, compared to its average volume of 470,824. NewGenIvf Group has a 52 week low of $0.94 and a 52 week high of $65.60. The firm has a fifty day simple moving average of $3.67 and a 200-day simple moving average of $9.63.

Institutional Investors Weigh In On NewGenIvf Group

A hedge fund recently raised its stake in NewGenIvf Group stock. XTX Topco Ltd increased its position in shares of NewGenIvf Group Limited (NASDAQ:NIVF) by 400.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 73,801 shares of the company’s stock after purchasing an additional 59,059 shares during the quarter. XTX Topco Ltd owned approximately 0.73% of NewGenIvf Group worth $30,000 as of its most recent SEC filing. Institutional investors own 66.24% of the company’s stock.

About NewGenIvf Group

NewGenIVF Group Ltd. operates as an assisted reproductive services provider. It focuses on providing fertility treatments to fulfil the dreams of building families. The firm offers in-vitro fertilization treatment service, comprising traditional IVF and egg donation, and surrogacy and ancillary caring services.