Vivic Corp. (OTCMKTS:VIVC) Sees Large Drop in Short Interest

Vivic Corp. (OTCMKTS:VIVC) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 200 shares, a drop of 95.1% from the May 15th total of 4,100 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 0.2 days.

Vivic Stock Down 15.0%

Shares of OTCMKTS:VIVC opened at $0.19 on Thursday. The firm’s 50 day moving average price is $0.35 and its 200 day moving average price is $1.22. Vivic has a fifty-two week low of $0.19 and a fifty-two week high of $5.85.

Vivic Company Profile

Vivic Corp. engages in the construction of marinas and yachts under Monte Fino brand in the mainland China. It operates Joy Wave, an online platform that offers yacht rental and leisure services; development of energy-saving yacht engines; and provision of tourism consultancy services, as well as yacht services.