Lilium (NASDAQ:LILMW) Sees Large Increase in Short Interest

Lilium (NASDAQ:LILMW) was the recipient of a significant 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.

Institutional Trading of Lilium

A hedge fund recently bought a new stake in Lilium stock. RS Crum Inc. acquired a new stake in Lilium (NASDAQ:LILMW) during the second quarter, according to its most recent filing with the SEC. The firm acquired 534,848 shares of the company’s stock, valued at approximately $44,000.

Lilium Stock Up 16.8 %

LILMW stock opened at $0.10 on Monday. The business has a fifty day moving average price of $0.10 and a 200 day moving average price of $0.10. Lilium has a fifty-two week low of $0.06 and a fifty-two week high of $0.20.

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.