Kinnevik AB (OTCMKTS:KNKBF) Short Interest Up 31.6% in April

Kinnevik AB (OTCMKTS:KNKBF) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 78,800 shares, an increase of 31.6% from the March 31st total of 59,900 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 394.0 days.

Kinnevik Price Performance

Shares of Kinnevik stock remained flat at C$10.70 during trading hours on Tuesday. Kinnevik has a 52-week low of C$8.36 and a 52-week high of C$15.67. The firm’s 50-day simple moving average is C$10.47 and its two-hundred day simple moving average is C$9.93.

About Kinnevik

Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital. The firm also prefers indirect investments in venture capital funds. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas.