NewHold Investment Corp IV Units (NASDAQ:NHIVU) Sees Significant Decrease in Short Interest

NewHold Investment Corp IV Units (NASDAQ:NHIVU) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,686 shares, a drop of 35.8% from the June 30th total of 2,628 shares. Based on an average trading volume of 5,158 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of NewHold Investment Corp IV Units to a “hold” rating in a report on Saturday, April 25th.

NewHold Investment Corp IV Units Price Performance

NHIVU opened at $10.33 on Friday. The stock’s fifty day moving average price is $10.25. NewHold Investment Corp IV Units has a 52 week low of $9.95 and a 52 week high of $11.00.