New Horizon Aircraft Ltd. (NASDAQ:HOVR – Get Free Report) was the recipient of a significant decline in short interest during 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. Currently, 4.2% of the company’s stock are sold short. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is presently 0.3 days.
New Horizon Aircraft Stock Up 4.5 %
Shares of HOVR stock traded up $0.04 on Monday, hitting $0.99. The company’s stock had a trading volume of 118,500 shares, compared to its average volume of 547,152. New Horizon Aircraft has a fifty-two week low of $0.46 and a fifty-two week high of $12.14. The firm’s fifty day moving average price is $0.69 and its 200-day moving average price is $1.41.
New Horizon Aircraft Company Profile
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