Short Interest in NewHold Investment Corp. II (NASDAQ:NHICW) Decreases By 39.8%

NewHold Investment Corp. II (NASDAQ:NHICW) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,997 shares, a decline of 39.8% from the June 30th total of 3,319 shares. Based on an average daily volume of 8,738 shares, the days-to-cover ratio is currently 0.2 days.

NewHold Investment Corp. II Stock Performance

NHICW stock remained flat at $1.95 during trading on Thursday. NewHold Investment Corp. II has a 12-month low of $0.20 and a 12-month high of $2.94. The business’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $1.02.

About NewHold Investment Corp. II

NewHold Investment Corp. II is a blank check company. It intends to complete a business combination with an industrial technology business. The company was incorporated in 2021 and is based in Houston, Texas.