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Is There a Dimmer Outlook Ahead for Cadrenal Therapeutics Inc. (CVKD)?

Cadrenal Therapeutics Inc. (NASDAQ:CVKD) went up by 2.91% from its latest closing price compared to the recent 1-year high of $6.75.

Is It Worth Investing in Cadrenal Therapeutics Inc. (NASDAQ :CVKD) Right Now?

CVKD currently public float of 4.21M and currently shorts hold a – ratio of that float. Today, the average trading volume of CVKD was 1.94M shares.

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CVKD’s Market Performance

The simple moving average for the period of the last 20 days is 2.91% for CVKD stocks with a simple moving average of 2.91% for the last 200 days.

CVKD Trading at 2.91% from the 50-Day Moving Average

After a stumble in the market that brought CVKD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.19% of loss for the given period.

During the last 5 trading sessions, CVKD rose by +12.86%, in comparison to the 20-day moving average. In addition, Cadrenal Therapeutics Inc. saw 0.00% in overturn over a single year, with a tendency to cut further losses.

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