NewGenIvf Group Limited (NASDAQ:NIVF) Short Interest Up 588.2% in February

NewGenIvf Group Limited (NASDAQ:NIVF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 117,000 shares, a growth of 588.2% from the January 31st total of 17,000 shares. Currently, 8.4% of the shares of the stock are short sold. Based on an average trading volume of 1,040,000 shares, the days-to-cover ratio is presently 0.1 days.

NewGenIvf Group Trading Down 14.5 %

Shares of NASDAQ NIVF traded down $0.35 during trading on Friday, reaching $2.06. The company had a trading volume of 1,118,821 shares, compared to its average volume of 1,601,089. NewGenIvf Group has a 52 week low of $1.85 and a 52 week high of $344.80. The business’s 50 day moving average price is $4.96 and its 200-day moving average price is $10.86.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NewGenIvf Group stock. XTX Topco Ltd lifted its position in shares of NewGenIvf Group Limited (NASDAQ:NIVF) by 400.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,801 shares of the company’s stock after acquiring an additional 59,059 shares during the quarter. XTX Topco Ltd owned approximately 0.73% of NewGenIvf Group worth $30,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 66.24% of the company’s stock.

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.