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New Horizon Aircraft (HOVRW) Short Interest Ratio & Short Volume

$0.01
0.00 (0.00%)
(As of 11/4/2024 ET)

New Horizon Aircraft Short Interest Data

New Horizon Aircraft (HOVRW) has a short interest of 163,100 shares. This marks a 23.00% increase in short interest from the previous month. The short interest ratio (days to cover) is 5.7, indicating that it would take 5.7 days of the average trading volume of 54,827 shares to cover all short positions.

Current Short Interest
163,100 shares
Previous Short Interest
132,600 shares
Change Vs. Previous Month
+23.00%
Dollar Volume Sold Short
$1,533.14
Short Interest Ratio
5.7 Days to Cover
Last Record Date
October 15, 2024
Today's Trading Volume
4,001 shares
Average Trading Volume
54,827 shares
Today's Volume Vs. Average
7%
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HOVRW Short Interest Over Time

HOVRW Days to Cover Over Time

HOVRW Percentage of Float Shorted Over Time

New Horizon Aircraft Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/2024163,100 shares $1,533.14 +23.0%N/A5.7 $0.01
9/30/2024132,600 shares $1,630.98 +79.0%N/A5.2 $0.01
9/15/202474,100 shares $1,482.00 -9.1%N/A2.6 $0.02
8/31/202481,500 shares $2,200.50 -21.4%N/A3.6 $0.03
8/15/2024103,700 shares $1,814.75 -4.6%N/A4.6 $0.02
7/31/2024108,700 shares $3,043.60 +30.7%N/A5.1 $0.03
7/15/202483,200 shares $1,896.96 No ChangeN/A4.2 $0.02

HOVRW Short Interest - Frequently Asked Questions

What is New Horizon Aircraft's current short interest?

Short interest is the volume of New Horizon Aircraft shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 163,100 shares of HOVRW short. Learn More on New Horizon Aircraft's current short interest.

What is a good short interest ratio for New Horizon Aircraft?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. HOVRW shares currently have a short interest ratio of 6.0. Learn More on New Horizon Aircraft's short interest ratio.

Is New Horizon Aircraft's short interest increasing or decreasing?

New Horizon Aircraft saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 163,100 shares, an increase of 23.0% from the previous total of 132,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does New Horizon Aircraft's short interest compare to its competitors?

Here is how the short interest of companies in the sector of "industrials" compare to New Horizon Aircraft: The Boeing Company (2.33%), CAE Inc. (1.11%), Vertical Aerospace Ltd. (1.86%), Energy Services of America Co. (1.49%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short New Horizon Aircraft stock?

Short selling HOVRW is an investing strategy that aims to generate trading profit from New Horizon Aircraft as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against New Horizon Aircraft?

A short squeeze for New Horizon Aircraft occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of HOVRW, which in turn drives the price of the stock up even further.

How often is New Horizon Aircraft's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HOVRW, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:HOVRW) was last updated on 11/4/2024 by MarketBeat.com Staff
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