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

Defense World ·  May 1, 2023 03:22

Lilium (NASDAQ:LILMW – Get Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 66,700 shares, an increase of 9.2% from the March 31st total of 61,100 shares. Based on an average trading volume of 33,700 shares, the days-to-cover ratio is currently 2.0 days.

Lilium Stock Performance

LILMW opened at $0.08 on Monday. Lilium has a twelve month low of $0.04 and a twelve month high of $0.54. The stock has a 50-day moving average price of $0.08.

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Institutional Investors Weigh In On Lilium

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

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