Vivakor, Inc. (NASDAQ:VIVK) Short Interest Update

Vivakor, Inc. (NASDAQ:VIVK) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 43,900 shares, a decrease of 27.7% from the December 15th total of 60,700 shares. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.2% of the company’s shares are sold short.

Vivakor Stock Down 1.2 %

VIVK stock opened at $1.08 on Thursday. The company has a quick ratio of 0.09, a current ratio of 0.10 and a debt-to-equity ratio of 0.44. Vivakor has a one year low of $0.67 and a one year high of $3.45. The firm has a 50-day moving average of $1.38 and a two-hundred day moving average of $1.70.

Institutional Trading of Vivakor

An institutional investor recently bought a new position in Vivakor stock. Y Intercept Hong Kong Ltd purchased a new position in Vivakor, Inc. (NASDAQ:VIVK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,881 shares of the company’s stock, valued at approximately $48,000. Y Intercept Hong Kong Ltd owned approximately 0.11% of Vivakor at the end of the most recent reporting period. 12.31% of the stock is currently owned by hedge funds and other institutional investors.

Vivakor Company Profile

Vivakor, Inc operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas.