NewHold Investment Corp. II (NASDAQ:NHICW) Sees Significant Decrease in Short Interest

NewHold Investment Corp. II (NASDAQ:NHICWGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,874 shares, a decrease of 58.3% from the May 14th total of 6,885 shares. Based on an average daily trading volume, of 403,637 shares, the days-to-cover ratio is currently 0.0 days.

NewHold Investment Corp. II Stock Performance

Shares of NASDAQ:NHICW remained flat at $2.25 during midday trading on Friday. The stock had a trading volume of 43,684 shares, compared to its average volume of 94,141. The stock’s fifty day moving average is $1.08 and its 200 day moving average is $0.66. NewHold Investment Corp. II has a 12 month low of $0.20 and a 12 month high of $2.94.

About NewHold Investment Corp. II

(Get Free Report)

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.

Further Reading

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