AvePoint, Inc. (NASDAQ:AVPTW) Sees Large Growth in Short Interest

AvePoint, Inc. (NASDAQ:AVPTW) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,000 shares, an increase of 150.0% from the November 15th total of 400 shares. Based on an average daily trading volume, of 104,100 shares, the days-to-cover ratio is currently 0.0 days.

AvePoint Stock Performance

Shares of AvePoint stock traded down $0.21 on Friday, hitting $7.02. 7,363 shares of the company’s stock traded hands, compared to its average volume of 91,980. The firm’s 50-day moving average is $4.66 and its 200 day moving average is $2.82. AvePoint has a 52-week low of $0.82 and a 52-week high of $7.81.

About AvePoint

AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.