Short Interest in Dave Inc. (NASDAQ:DAVEW) Rises By 875.0%

Dave Inc. (NASDAQ:DAVEW) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 3,900 shares, an increase of 875.0% from the January 15th total of 400 shares. Based on an average daily volume of 60,600 shares, the days-to-cover ratio is presently 0.1 days.

Dave Price Performance

DAVEW traded up $0.01 during midday trading on Wednesday, hitting $0.25. 45,403 shares of the company’s stock traded hands, compared to its average volume of 46,802. The stock’s fifty day simple moving average is $0.18 and its 200-day simple moving average is $0.10. Dave has a one year low of $0.02 and a one year high of $0.35.

Dave Company Profile

Dave Inc provides a suite of financial products and services through its financial services platform. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile application.