Short Interest in NewHold Investment Corp. II (NASDAQ:NHICW) Declines By 34.2%

NewHold Investment Corp. II (NASDAQ:NHICWGet Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 669 shares, a decline of 34.2% from the July 30th total of 1,017 shares. Based on an average daily trading volume, of 4,673 shares, the days-to-cover ratio is presently 0.1 days.

NewHold Investment Corp. II Price Performance

NASDAQ NHICW remained flat at $1.70 on Wednesday. 54,005 shares of the company’s stock were exchanged, compared to its average volume of 69,412. NewHold Investment Corp. II has a twelve month low of $0.27 and a twelve month high of $2.94. The stock has a 50 day moving average price of $1.87 and a 200-day moving average price of $1.24.

About NewHold Investment Corp. II

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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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