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Lilium (NASDAQ:LILMW) Sees Large Growth in Short Interest

Defense World ·  Mar 15, 2023 03:59

Lilium (NASDAQ:LILMW – Get Rating) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 36,800 shares, an increase of 9.9% from the February 13th total of 33,500 shares. Based on an average trading volume of 37,300 shares, the days-to-cover ratio is presently 1.0 days.

Lilium Trading Down 10.8 %

Shares of LILMW opened at $0.09 on Wednesday. The stock has a fifty day simple moving average of $0.11. Lilium has a fifty-two week low of $0.06 and a fifty-two week high of $1.03.

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Hedge Funds Weigh In On Lilium

An institutional investor recently bought a new position in Lilium stock. Ieq Capital LLC acquired a new stake in Lilium (NASDAQ:LILMW – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 560,843 shares of the company's stock, valued at approximately $55,000.

Further Reading

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