Kinnevik AB (OTCMKTS:KNKBF) Sees Significant Increase in Short Interest

Kinnevik AB (OTCMKTS:KNKBF) was the recipient of a large increase in short interest in 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 trading volume of 200 shares, the short-interest ratio is currently 394.0 days.

Kinnevik Stock Performance

Shares of OTCMKTS:KNKBF remained flat at C$10.70 during trading on Tuesday. Kinnevik has a 52 week low of C$8.36 and a 52 week high of C$15.67. The company has a 50-day simple moving average of C$10.47 and a 200-day simple moving average of C$9.93.

Kinnevik Company Profile

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.