SaVi Media Group, Inc. (PINK:SVMI) has been down trending since November last year.
At $0.008 SVMI met an important support level. Last week, the stock went below this level and hit a new 52-week low.
Yesterday, the trading activity with SVMI stock was higher than usual. More than 2.1 million shares were exchanged during the session.
As to the short activity, FINRA indicates that around 1 million shares took part in short transactions on Friday. This means that the short volume almost reached 50% of the whole volume in the last session.
The share price during that day increased 12% to 
$0.0084. This way SVMI has made its claim towards the $0.008 line around which the stock has been oscillating in the last two weeks.
However, there are no strong signs to determine whether SVMI stock has chosen a clear destination for the near term.
Two weeks ago, the company announced it had participated and helped sponsor the Los Angeles debut of “Techbrew Multidimensional Mega Mixer”.
