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

Financial News Live ·  Apr 20, 2023 08:53

Lilium (NASDAQ:LILMW – Get Rating) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 61,100 shares, a growth of 10.3% from the March 15th total of 55,400 shares. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is presently 1.9 days.

Lilium Price Performance

NASDAQ:LILMW opened at $0.08 on Thursday. The business's fifty day moving average is $0.08. Lilium has a fifty-two week low of $0.04 and a fifty-two week high of $0.56.

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Hedge Funds Weigh In On Lilium

A hedge fund recently bought a new stake in Lilium stock. Ieq Capital LLC acquired a new position in shares of Lilium (NASDAQ:LILMW – Get Rating) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 560,843 shares of the company's stock, valued at approximately $55,000.

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