Lilium (NASDAQ:LILMW – Get Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 14,900 shares, a growth of 50.5% from the August 15th total of 9,900 shares. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is presently 0.5 days.
Lilium Price Performance
LILMW opened at $0.10 on Monday. Lilium has a 12-month low of $0.06 and a 12-month high of $0.20. The firm has a 50 day moving average of $0.10 and a two-hundred day moving average of $0.10.
Hedge Funds Weigh In On Lilium
An institutional investor recently bought a new position in Lilium stock. RS Crum Inc. bought a new stake in shares of Lilium (NASDAQ:LILMW – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 534,848 shares of the company’s stock, valued at approximately $44,000.
About Lilium
Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions.
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