NewHold Investment Corp IV Units (NASDAQ:NHIVU) Short Interest Down 43.2% in June

NewHold Investment Corp IV Units (NASDAQ:NHIVU) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,020 shares, a decline of 43.2% from the May 31st total of 5,321 shares. Based on an average daily volume of 3,655 shares, the days-to-cover ratio is currently 0.8 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of NewHold Investment Corp IV Units to a “hold” rating in a report on Saturday, April 25th.

NewHold Investment Corp IV Units Stock Down 1.1%

NASDAQ NHIVU traded down $0.11 during trading hours on Wednesday, reaching $10.14. The company’s stock had a trading volume of 503 shares, compared to its average volume of 56,020. The company has a 50-day moving average of $10.16. NewHold Investment Corp IV Units has a 52 week low of $9.95 and a 52 week high of $11.00.