New Horizon Aircraft Ltd. (NASDAQ:HOVR – Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 400,100 shares, a decline of 11.0% from the July 31st total of 449,800 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is currently 0.3 days. Currently, 4.2% of the shares of the company are short sold.
New Horizon Aircraft Price Performance
Shares of New Horizon Aircraft stock traded down $0.08 on Tuesday, hitting $0.91. The stock had a trading volume of 100,431 shares, compared to its average volume of 544,508. New Horizon Aircraft has a twelve month low of $0.46 and a twelve month high of $12.14. The business’s 50 day moving average is $0.69 and its two-hundred day moving average is $1.41.
About New Horizon Aircraft
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