Short Interest in Lilium (NASDAQ:LILMW) Increases By 50.5%

Lilium (NASDAQ:LILMW) was the recipient of 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 volume of 31,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lilium stock. RS Crum Inc. purchased a new position in shares of Lilium (NASDAQ:LILMW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 534,848 shares of the company’s stock, valued at approximately $44,000.

Lilium Stock Up 16.8 %

Shares of NASDAQ LILMW opened at $0.10 on Monday. The firm’s 50-day moving average is $0.10 and its 200-day moving average is $0.10. Lilium has a 1 year low of $0.06 and a 1 year high of $0.20.

Lilium Company Profile

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.