NewGenIvf Group Limited (NASDAQ:NIVFW) Sees Significant Drop in Short Interest

NewGenIvf Group Limited (NASDAQ:NIVFW – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,453 shares, a decrease of 58.7% from the May 14th total of 5,944 shares. Based on an average daily trading volume, of 31,966 shares, the short-interest ratio is currently 0.1 days.

NewGenIvf Group Stock Performance

NIVFW remained flat at $0.02 during trading on Friday. The company’s 50 day moving average is $0.02 and its 200 day moving average is $0.02. NewGenIvf Group has a 1 year low of $0.01 and a 1 year high of $0.09.

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NewGenIvf Group (NASDAQ: NIVFW) is a specialized healthcare company focused on assisted reproductive technologies and regenerative health solutions. Founded in 2012 and headquartered in New Delhi, the company operates an expanding network of fertility centers across India. NewGenIvf Group went public in late 2021 through a business combination with a special purpose acquisition company, positioning itself as one of the first ART-focused platforms listed on a U.S. exchange.

The company’s core services encompass in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI) and fertility preservation techniques such as egg and sperm freezing.

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