NewGenIvf Group Limited (NASDAQ:NIVFW) Short Interest Up 122.3% in April

NewGenIvf Group Limited (NASDAQ:NIVFW – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 8,817 shares, an increase of 122.3% from the April 15th total of 3,967 shares. Based on an average daily volume of 7,489 shares, the days-to-cover ratio is presently 1.2 days.

NewGenIvf Group Trading Down 7.3%

NewGenIvf Group stock opened at $0.02 on Friday. The stock has a 50-day moving average price of $0.02 and a 200 day moving average price of $0.02. NewGenIvf Group has a 52 week low of $0.01 and a 52 week high of $0.05.

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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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