NewHold Investment Corp IV Units (NASDAQ:NHIVU) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

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

NewHold Investment Corp IV Units Stock Down 1.1%

NASDAQ:NHIVU traded down $0.11 during trading hours on Wednesday, hitting $10.14. The stock had a trading volume of 503 shares, compared to its average volume of 56,020. The firm has a 50 day simple moving average of $10.16. NewHold Investment Corp IV Units has a 1-year low of $9.95 and a 1-year high of $11.00.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on NewHold Investment Corp IV Units

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