In a filing, New Horizon Aircraft Ltd revealed its Former 10% Owner Shindo Dustin M unloaded Company’s shares for reported $37500.0 on Feb 20 ’25. In the deal valued at $0.50 per share,75,000 shares were sold. As a result of this transaction, Shindo Dustin M now holds 1,394,368 shares worth roughly $0.54 million.
Then, Shindo Dustin M sold 65,500 shares, generating $32,095 in total proceeds. Upon selling the shares at $0.49, the Former 10% Owner now owns 1,308,793 shares.
Before that, Shindo Dustin M sold 34,000 shares. New Horizon Aircraft Ltd shares valued at $17,680 were divested by the Former 10% Owner at a price of $0.52 per share. As a result of the transaction, Shindo Dustin M now holds 1,469,368 shares, worth roughly $0.57 million.
Price Performance Review of HOVR
On Monday, New Horizon Aircraft Ltd [NASDAQ:HOVR] saw its stock fall -7.51% to $0.39. Over the last five days, the stock has lost -6.76%. New Horizon Aircraft Ltd shares have fallen nearly -65.58% since the year began. Nevertheless, the stocks have fallen -83.79% over the past one year. While a 52-week high of $2.60 was reached on 01/06/25, a 52-week low of $0.24 was recorded on 04/14/25. SMA at 50 days reached $0.5192, while 200 days put it at $0.6100.
Levels Of Support And Resistance For HOVR Stock
The 24-hour chart illustrates a support level at 0.3437, which if violated will result in even more drops to 0.2983. On the upside, there is a resistance level at 0.4407. A further resistance level may holdings at 0.4923. The Relative Strength Index (RSI) on the 14-day chart is 33.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0629, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.04%. Stochastics %K at 21.32% 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 2025-03-31, dropping by 46141.0 shares to a total of 0.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.38 million shares. There was a decline of -13.62%, which implies that there is a negative sentiment for the stock.
