Sharp decrease in HOVR’s short interest leads to decline in days-to-cover ratio

Anna Perez

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 $372,000 were sold by Lee Stewart Murray on Oct 14 ’25. At $3.72 per share, Lee Stewart Murray sold 100,000 shares. The insider’s holdings dropped to 163,588 shares worth approximately $0.4 million following the completion of this transaction.

Also, Merker Brian Frederick sold 46,000 shares, netting a total of over 184,000 in proceeds. Following the sale of shares at $4.00 each, the insider now holds 265,286 shares.

Before that, Robinson Eric Brandon had sold 140,000 shares from its account. In a trade valued at $537,320, the Chief Executive Officer traded New Horizon Aircraft Ltd shares for $3.84 each. Upon closing the transaction, the insider’s holdings decreased to 140,000 shares, worth approximately $3.59 million.

Analyzing HOVR Stock Performance

On last trading session, New Horizon Aircraft Ltd [NASDAQ: HOVR] rose 10.91% to $2.44. The stock’s lowest price that day was $2.17, but it reached a high of $2.46 in the same session. During the last five days, there has been a surge of approximately 22.61%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 172.20%.

Is New Horizon Aircraft Ltd subject to short interest?

Stocks of New Horizon Aircraft Ltd saw a sharp steep in short interest on 2025-12-31 dropping by 7544.0 shares to 2.3 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 2.31 million shares. A decline of -0.33% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.69 of the overall float, the days-to-cover ratio (short ratio) decline to 3.69.

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