NewGenIvf Group Limited (NASDAQ:NIVF) Sees Large Increase in Short Interest

NewGenIvf Group Limited (NASDAQ:NIVF) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 117,000 shares, an increase of 588.2% from the January 31st total of 17,000 shares. Approximately 8.4% of the company’s stock are short sold. Based on an average daily trading volume, of 1,040,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of NewGenIvf Group

An institutional investor recently raised its position in NewGenIvf Group stock. XTX Topco Ltd raised its stake in shares of NewGenIvf Group Limited (NASDAQ:NIVF) by 400.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,801 shares of the company’s stock after purchasing an additional 59,059 shares during the quarter. XTX Topco Ltd owned about 0.73% of NewGenIvf Group worth $30,000 at the end of the most recent reporting period. 66.24% of the stock is owned by institutional investors.

NewGenIvf Group Price Performance

Shares of NASDAQ NIVF opened at $2.41 on Friday. NewGenIvf Group has a fifty-two week low of $1.85 and a fifty-two week high of $344.80. The business has a 50-day simple moving average of $5.06 and a two-hundred day simple moving average of $10.96.

NewGenIvf Group Company Profile

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.