Short Interest in NewHold Investment Corp. II (NASDAQ:NHICW) Decreases By 49.1%

NewHold Investment Corp. II (NASDAQ:NHICW) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,017 shares, a decrease of 49.1% from the July 15th total of 1,997 shares. Based on an average daily volume of 15,963 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 Friday. 38 shares of the company traded hands, compared to its average volume of 73,052. NewHold Investment Corp. II has a fifty-two week low of $0.26 and a fifty-two week high of $2.94. The company’s 50 day moving average price is $2.01 and its 200 day moving average price is $1.14.

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.