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Virgin Orbit Holdings, Inc. (NASDAQ:VORBW) Short Interest Down 25.1% in February

Defense World · Mar 2, 2023 04:42

VORBW +0.00%

Virgin Orbit Holdings, Inc. (NASDAQ:VORBW – Get Rating) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 24,500 shares, a decline of 25.1% from the January 31st total of 32,700 shares. Based on an average daily trading volume, of 27,000 shares, the days-to-cover ratio is presently 0.9 days.

Virgin Orbit Trading Down 4.6 %

NASDAQ:VORBW opened at $0.17 on Thursday. The company's 50-day simple moving average is $0.17. Virgin Orbit has a fifty-two week low of $0.12 and a fifty-two week high of $1.50.

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