NewHold Investment Corp IV (NASDAQ:NHIV) Stock Short Interest Drops 36.3%

NewHold Investment Corp IV (NASDAQ:NHIV) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 242 shares, a decrease of 36.3% from the August 31st total of 380 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 15,722 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of NewHold Investment Corp IV in a research note on Tuesday, September 1st. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

NewHold Investment Corp IV Stock Performance

NHIV stock opened at $10.19 on Friday. The business’s 50 day moving average price is $10.13. NewHold Investment Corp IV has a fifty-two week low of $9.80 and a fifty-two week high of $11.50.

Hedge Funds Weigh In On NewHold Investment Corp IV

An institutional investor recently bought a new stake in NewHold Investment Corp IV stock. Moore Capital Management LP bought a new position in NewHold Investment Corp IV (NASDAQ:NHIV) during the second quarter, according to its most recent filing with the SEC. The firm bought 700,000 shares of the company’s stock, valued at approximately $7,000,000. Moore Capital Management LP owned approximately 3.37% of NewHold Investment Corp IV as of its most recent SEC filing.

NewHold Investment Corp IV Company Profile

NewHold Investment Corp. IV (NASDAQ: NHIV) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a business combination with one or more operating businesses.

NewHold Investment Corp. IV does not have a substantial operating business of its own and does not currently offer products or services to customers. Its activities are focused on evaluating potential merger, acquisition, or similar transactions.

The company has not publicly identified a completed business combination or a specific target industry in the information available.