Globavend Holdings Limited (NASDAQ:GVH) Short Interest Down 17.4% in February

Globavend Holdings Limited (NASDAQ:GVH) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 162,500 shares, a decrease of 17.4% from the February 13th total of 196,800 shares. Approximately 5.0% of the company’s shares are short sold. Based on an average daily volume of 81,000 shares, the short-interest ratio is presently 2.0 days.

Globavend Trading Down 0.2 %

Shares of NASDAQ GVH traded down $0.00 during midday trading on Thursday, hitting $0.62. The company’s stock had a trading volume of 334 shares, compared to its average volume of 178,067. Globavend has a 1 year low of $0.47 and a 1 year high of $2.57. The business’s fifty day simple moving average is $0.72 and its two-hundred day simple moving average is $0.73.

About Globavend

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.