New Horizon Aircraft Ltd’s recently made public that its 10% Owner Shindo Dustin M unloaded Company’s shares for reported $83640.0 on Sep 18 ’24. In the deal valued at $0.82 per share,102,000 shares were sold. As a result of this transaction, Shindo Dustin M now holds 1,537,563 shares worth roughly $0.42 million.
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Then, Shindo Dustin M sold 48,079 shares, generating $36,540 in total proceeds. Upon selling the shares at $0.76, the 10% Owner now owns 1,654,563 shares.
Before that, Shindo Dustin M sold 21,000 shares. New Horizon Aircraft Ltd shares valued at $15,960 were divested by the 10% Owner at a price of $0.76 per share. As a result of the transaction, Shindo Dustin M now holds 1,702,642 shares, worth roughly $0.46 million.
Price Performance Review of HOVR
On Friday, New Horizon Aircraft Ltd [NASDAQ:HOVR] saw its stock jump 3.08% to $0.27. Over the last five days, the stock has lost -46.40%. New Horizon Aircraft Ltd shares have fallen nearly -96.78% since the year began. Nevertheless, the stocks have fallen -97.46% over the past one year. While a 52-week high of $12.14 was reached on 01/04/24, a 52-week low of $0.24 was recorded on 10/03/24. SMA at 50 days reached $0.7118, while 200 days put it at $2.0159.
Levels Of Support And Resistance For HOVR Stock
The 24-hour chart illustrates a support level at 0.2560, which if violated will result in even more drops to 0.2440. On the upside, there is a resistance level at 0.2800. A further resistance level may holdings at 0.2920. The Relative Strength Index (RSI) on the 14-day chart is 25.63, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2332, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.62%. Stochastics %K at 4.12% indicates the stock is a buying.
How much short interest is there in New Horizon Aircraft Ltd?
A steep rise in short interest was recorded in New Horizon Aircraft Ltd stocks on 2024-09-13, dropping by 64249.0 shares to a total of 0.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 0.4 million shares. There was a decline of -19.13%, which implies that there is a negative sentiment for the stock.
