New Horizon Aircraft Ltd’s filing revealed 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 $2.18 million.
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 $2.42 million.
Price Performance Review of HOVR
On Friday, New Horizon Aircraft Ltd [NASDAQ:HOVR] saw its stock jump 23.48% to $1.42. Over the last five days, the stock has gained 144.11%. New Horizon Aircraft Ltd shares have fallen nearly -82.93% since the year began. Nevertheless, the stocks have fallen -86.63% 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 $0.5249, while 200 days put it at $1.0167.
Levels Of Support And Resistance For HOVR Stock
The 24-hour chart illustrates a support level at 1.1033, which if violated will result in even more drops to 0.7867. On the upside, there is a resistance level at 1.6433. A further resistance level may holdings at 1.8667. The Relative Strength Index (RSI) on the 14-day chart is 80.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.3596, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.56%. Stochastics %K at 72.95% indicates the stock is a holding.
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 2024-12-13, dropping by 65892.0 shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.84 million shares. There was a decline of -8.5%, which implies that there is a negative sentiment for the stock.
