Dave Inc. (NASDAQ:DAVEW) Sees Significant Increase in Short Interest

Dave Inc. (NASDAQ:DAVEWGet Free Report) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 10,000 shares, an increase of 900.0% from the January 15th total of 1,000 shares. Based on an average trading volume of 31,600 shares, the short-interest ratio is presently 0.3 days.

Dave Stock Performance

Shares of DAVEW opened at $0.03 on Tuesday. The company’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.02. Dave has a 12-month low of $0.01 and a 12-month high of $0.07.

About Dave

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Dave Inc provides a suite of financial products and services through its financial service online platform. The company offers Budget, personal financial management tool that helps members understand their spending and savings habits and learn better financial management; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal.

Further Reading

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