NextNav Inc. (NASDAQ:NNAVW) Short Interest Update

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

NextNav Stock Performance

NNAVW stock traded up $0.17 during trading on Friday, hitting $6.77. The company had a trading volume of 64,941 shares, compared to its average volume of 79,363. The firm has a 50-day moving average price of $4.31 and a 200-day moving average price of $3.40. NextNav has a 12 month low of $0.71 and a 12 month high of $7.06.

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.