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

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

NewHold Investment Corp. II Trading Up 4.7%

NewHold Investment Corp. II stock opened at $2.25 on Friday. NewHold Investment Corp. II has a 52 week low of $0.20 and a 52 week high of $2.94. The stock has a 50-day simple moving average of $1.04 and a 200 day simple moving average of $0.64.

NewHold Investment Corp. II Company Profile

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.