NewHold Investment Corp. II (NASDAQ:NHICW) Short Interest Up 427.6% in May

NewHold Investment Corp. II (NASDAQ:NHICWGet Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 6,885 shares, a growth of 427.6% from the April 30th total of 1,305 shares. Based on an average daily volume of 9,326 shares, the days-to-cover ratio is presently 0.7 days.

NewHold Investment Corp. II Trading Up 4.4%

NASDAQ:NHICW traded up $0.10 during midday trading on Thursday, reaching $2.35. 226,683 shares of the company traded hands, compared to its average volume of 88,801. NewHold Investment Corp. II has a twelve month low of $0.20 and a twelve month high of $2.39. The company has a fifty day moving average price of $0.59 and a 200 day moving average price of $0.50.

NewHold Investment Corp. II Company Profile

(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.

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