SVB Financial Group (OTCMKTS:SIVBQ – Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 682,500 shares, a drop of 15.2% from the March 31st total of 804,900 shares. Based on an average daily volume of 41,200 shares, the days-to-cover ratio is currently 16.6 days.
SVB Financial Group Price Performance
SIVBQ opened at $0.05 on Wednesday. The company’s 50 day simple moving average is $0.07 and its two-hundred day simple moving average is $0.07. SVB Financial Group has a 1-year low of $0.00 and a 1-year high of $0.65.
About SVB Financial Group
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