NextNav Inc. (NASDAQ:NNAVW) Short Interest Update

NextNav Inc. (NASDAQ:NNAVW) was the target of a large 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 days-to-cover ratio is currently 0.2 days.

NextNav Stock Performance

NASDAQ NNAVW opened at $6.60 on Thursday. NextNav has a 1 year low of $0.71 and a 1 year high of $6.99. The stock’s 50-day moving average price is $4.08 and its two-hundred day moving average price is $3.33.

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.