The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. New Horizon Aircraft Ltd shares valued at $17,500 were sold by Lee Stewart Murray on Aug 06 ’25. At $1.75 per share, Lee Stewart Murray sold 10,000 shares. The insider’s holdings dropped to 228,194 shares worth approximately $0.39 million following the completion of this transaction.
Also, Lee Stewart Murray sold 10,000 shares, netting a total of over 17,000 in proceeds. Following the sale of shares at $1.70 each, the insider now holds 238,194 shares.
Before that, O’Neill Jason Michael had sold 40,000 shares from its account. In a trade valued at $68,800, the Chief Operating Officer traded New Horizon Aircraft Ltd shares for $1.72 each. Upon closing the transaction, the insider’s holdings decreased to 40,000 shares, worth approximately $0.59 million.
Analyzing HOVR Stock Performance
On last trading session, New Horizon Aircraft Ltd [NASDAQ: HOVR] rose 0.58% to $1.72. The stock’s lowest price that day was $1.67, but it reached a high of $1.76 in the same session. During the last five days, there has been a surge of approximately 3.61%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 119.11%.
Is New Horizon Aircraft Ltd subject to short interest?
Stocks of New Horizon Aircraft Ltd saw a sharp steep in short interest on 2025-08-29 dropping by -0.35 million shares to 0.69 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 1.05 million shares. A decline of -50.68% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.88 of the overall float, the days-to-cover ratio (short ratio) decline to 0.88.