Globavend Holdings Limited (NASDAQ:GVH) Short Interest Update

by · The Cerbat Gem

Globavend Holdings Limited (NASDAQ:GVH – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 17,400 shares, a decline of 88.4% from the May 31st total of 149,600 shares. Based on an average daily volume of 397,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.6% of the shares of the stock are short sold.

Globavend Stock Performance

Shares of NASDAQ:GVH traded up $0.04 during trading on Friday, reaching $0.90. The stock had a trading volume of 2,950 shares, compared to its average volume of 230,651. The business has a fifty day moving average price of $1.22 and a 200-day moving average price of $1.18. Globavend has a fifty-two week low of $0.79 and a fifty-two week high of $5.50.

Globavend Company Profile

(Get Free Report)

Globavend Holdings Limited, together with its subsidiaries, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. The company's services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery.

Further Reading