NextNav Inc. (NASDAQ:NNAVW) Short Interest Update

NextNav Inc. (NASDAQ:NNAVW) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 26,800 shares, a growth of 168.0% from the October 31st total of 10,000 shares. Based on an average daily volume of 144,900 shares, the short-interest ratio is currently 0.2 days.

NextNav Trading Up 2.6 %

NNAVW traded up $0.17 on Friday, hitting $6.77. 64,941 shares of the stock traded hands, compared to its average volume of 79,363. NextNav has a 52 week low of $0.71 and a 52 week high of $7.06. The business has a fifty day moving average price of $4.23 and a two-hundred day moving average price of $3.38.

NextNav Company Profile

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.