NewHold Investment Corp. II (NASDAQ:NHICW) Short Interest Down 58.3% in May

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

NewHold Investment Corp. II Trading Up 4.7%

NHICW stock opened at $2.25 on Friday. The business’s 50-day moving average price is $1.04 and its two-hundred day moving average price is $0.64. NewHold Investment Corp. II has a 1-year low of $0.20 and a 1-year high of $2.94.

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.