Short Interest in Lavoro Limited (NASDAQ:LVROW) Decreases By 18.8%

Lavoro Limited (NASDAQ:LVROW) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,900 shares, a decrease of 18.8% from the August 15th total of 4,800 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 2.3 days.

Lavoro Trading Down 2.8 %

Shares of LVROW stock traded down $0.02 on Monday, hitting $0.70. The company had a trading volume of 13,200 shares, compared to its average volume of 11,738. The company’s 50-day moving average price is $0.76. Lavoro has a twelve month low of $0.53 and a twelve month high of $1.49.

Institutional Investors Weigh In On Lavoro

Several large investors have recently added to or reduced their stakes in LVROW. JPMorgan Chase & Co. bought a new position in Lavoro in the first quarter worth approximately $56,000. Shaolin Capital Management LLC bought a new position in shares of Lavoro in the first quarter valued at approximately $353,000. Fort Baker Capital Management LP bought a new position in shares of Lavoro in the first quarter valued at approximately $334,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Lavoro during the first quarter valued at approximately $239,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of Lavoro during the first quarter valued at approximately $1,233,000.

Lavoro Company Profile

Lavoro Limited operates as an agricultural input retailer in Brazil, Colombia, Peru, Chile, and Uruguay. It offers farmers a portfolio of agriculture input products, including seed, fertilizer, crop protection, emerging biologics, and other specialty products. It helps farmers to plan, purchase the right inputs, and manage farming operations to optimize outcomes.