Sharp decrease in AUVI’s short interest leads to decline in days-to-cover ratio


The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Applied UV Inc. shares valued at $1,998 were purchased by WOO MONICA L on Jan 12. At $1.11 per share, WOO MONICA L acquired 1,800 shares. The insider’s holdings grew to 22,100 shares worth approximately $13039.0 following the completion of this transaction.

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Analyzing AUVI Stock Performance

On Thursday, Applied UV Inc. [NASDAQ: AUVI] plunged -10.55% to $0.59. The stock’s lowest price that day was $0.517, but it reached a high of $0.63 in the same session. During the last five days, there has been a surge of approximately 31.03%. Over the course of the year, Applied UV Inc. shares have dropped approximately -34.76%. Shares of the company reached a 52-week high of $1.9400 on 01/27/23 and a 52-week low of $0.4030 on 05/04/23. A 50-day SMA is recorded $0.6819, while a 200-day SMA reached $1.0873. Nevertheless, trading volume fell to 0.84 million shares from 9.08 million shares the previous day.

Support And Resistance Levels for Applied UV Inc. (AUVI)

According to the 24-hour chart, there is a support level at 0.5283, which, if violated, would cause prices to drop to 0.4661. In the upper region, resistance lies at 0.6413. The next price resistance is at 0.6921. RSI (Relative Strength Index) is 50.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0998, which suggests the price will decrease in the coming days. Percent R is at 39.14%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Applied UV Inc. subject to short interest?

Stocks of Applied UV Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -0.12 million shares to 16280.000000000002. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 0.14 million shares. A decline of -743.86% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.17 of the overall float, the days-to-cover ratio (short ratio) decline to 0.17.

Which companies own the most shares of Applied UV Inc. (AUVI)?

According to Securities America Advisors, Inc. filings, the company currently owns 124,688 shares, which is about 0.65% of the total AUVI shares outstanding. The investor’s shares have appreciated by 43,080 from its previous 13-F filing of 81608.0 shares. With the completion of the sale transaction, The Vanguard Group, Inc.’s stake is now worth $43,634. Geode Capital Management LLC reduced a -1.67% interest valued at $20627.0 while SSgA Funds Management, Inc. 0 stake. In its current portfolio, LPL Financial LLC holds 19,500 shares valued at $11700.0.

In terms of Applied UV Inc. share price expectations, FactSet research, analysts set an average price target of $2.50 in the next 12 months, up nearly 278.79% from the previous closing price of $0.66. Analysts anticipate Applied UV Inc. stock to reach $2.50 by 2023, with the lowest price target being $2.50. In spite of this, 1 analysts ranked Applied UV Inc. stock as a Buy at the end of 2023.


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