NextNav Inc. (NASDAQ:NNAVW) Short Interest Down 84.1% in December

NextNav Inc. (NASDAQ:NNAVW) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 1,400 shares, a drop of 84.1% from the November 30th total of 8,800 shares. Based on an average daily volume of 168,600 shares, the short-interest ratio is currently 0.0 days.

NextNav Stock Performance

NextNav stock traded up $0.68 during mid-day trading on Thursday, reaching $6.25. The stock had a trading volume of 63,058 shares, compared to its average volume of 84,966. NextNav has a one year low of $0.71 and a one year high of $7.35. The company has a 50-day moving average price of $5.59 and a two-hundred day moving average price of $3.81.

About NextNav

NextNav Inc provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service.