New Horizon Aircraft Ltd’s recent filing unveils that its 10% Owner Shindo Dustin M acquired Company’s shares for reported $0.28 million on Jan 17 ’25. In the deal valued at $0.89 per share,312,300 shares were bought.
Then, Shindo Dustin M sold 102,000 shares, generating $83,640 in total proceeds. Upon selling the shares at $0.82, the 10% Owner now owns 1,537,563 shares.
Before that, Shindo Dustin M sold 48,079 shares. New Horizon Aircraft Ltd shares valued at $36,540 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 1,654,563 shares, worth roughly $1.17 million.
Price Performance Review of HOVR
On Tuesday, New Horizon Aircraft Ltd [NASDAQ:HOVR] saw its stock fall -7.00% to $0.71. Over the last five days, the stock has lost -15.49%. New Horizon Aircraft Ltd shares have fallen nearly -37.18% since the year began. Nevertheless, the stocks have fallen -63.03% over the past one year. While a 52-week high of $3.29 was reached on 01/06/25, a 52-week low of $0.24 was recorded on 01/28/25. SMA at 50 days reached $0.7640, while 200 days put it at $0.8655.
Levels Of Support And Resistance For HOVR Stock
The 24-hour chart illustrates a support level at 0.6699, which if violated will result in even more drops to 0.6300. On the upside, there is a resistance level at 0.7499. A further resistance level may holdings at 0.7900. The Relative Strength Index (RSI) on the 14-day chart is 40.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1193, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.18%. Stochastics %K at 10.25% 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 2024-12-31, growing by 0.22 million shares to a total of 0.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.69 million shares. There was a rise of 24.0%, which implies that there is a positive sentiment for the stock.
