NewHold Investment Corp IV Units (NASDAQ:NHIVU – Get Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,020 shares, a drop of 43.2% from the May 31st total of 5,321 shares. Based on an average trading volume of 3,655 shares, the short-interest ratio is currently 0.8 days.
NewHold Investment Corp IV Units Trading Down 0.0%
NASDAQ:NHIVU traded down $0.01 during mid-day trading on Thursday, hitting $10.16. 503 shares of the stock traded hands, compared to its average volume of 56,020. The firm’s 50-day moving average is $10.16. NewHold Investment Corp IV Units has a 12-month low of $9.95 and a 12-month high of $11.00.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded NewHold Investment Corp IV Units to a “hold” rating in a research note on Saturday, April 25th.
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