New Horizon Aircraft Ltd. (NASDAQ:HOVRW) Short Interest Update

New Horizon Aircraft Ltd. (NASDAQ:HOVRW) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decrease of 81.8% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 65,100 shares, the short-interest ratio is currently 0.0 days.

New Horizon Aircraft Price Performance

Shares of New Horizon Aircraft stock traded down $0.00 on Tuesday, hitting $0.03. The stock had a trading volume of 4,912 shares, compared to its average volume of 72,089. The business’s 50 day moving average is $0.03 and its two-hundred day moving average is $0.04. New Horizon Aircraft has a twelve month low of $0.01 and a twelve month high of $0.17.

About New Horizon Aircraft

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically.