Lilium (NASDAQ:LILMW – Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 13,600 shares, a drop of 16.0% from the March 31st total of 16,200 shares. Based on an average trading volume of 20,000 shares, the short-interest ratio is currently 0.7 days.
Hedge Funds Weigh In On Lilium
An institutional investor recently bought a new stake in Lilium stock. B. Riley Asset Management LLC acquired a new position in shares of Lilium (NASDAQ:LILMW – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 683,686 shares of the company’s stock, valued at approximately $82,000.
Lilium Stock Performance
NASDAQ LILMW opened at $0.09 on Friday. The business has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.11. Lilium has a fifty-two week low of $0.06 and a fifty-two week high of $0.37.
Lilium Company Profile
Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions.
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