Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Expands By 154.7%

Airship AI Holdings, Inc. (NASDAQ:AISP) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,320,000 shares, an increase of 154.7% from the May 31st total of 518,200 shares. Approximately 12.4% of the company’s shares are short sold. Based on an average trading volume of 2,360,000 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Several analysts recently issued reports on AISP shares. Roth Capital raised Airship AI to a “strong-buy” rating in a research note on Monday, May 20th. Roth Mkm assumed coverage on shares of Airship AI in a research report on Monday, May 20th. They set a “buy” rating and a $12.00 price target for the company.

Institutional Trading of Airship AI

An institutional investor recently bought a new position in Airship AI stock. Virtu Financial LLC purchased a new position in Airship AI Holdings, Inc. (NASDAQ:AISP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,379 shares of the company’s stock, valued at approximately $147,000. Virtu Financial LLC owned 0.10% of Airship AI as of its most recent filing with the Securities and Exchange Commission (SEC). 5.89% of the stock is currently owned by institutional investors and hedge funds.

Airship AI Trading Up 7.5 %

NASDAQ AISP opened at $3.59 on Friday. The company’s fifty day moving average price is $4.97. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32.

Airship AI (NASDAQ:AISP) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $10.58 million for the quarter. As a group, analysts forecast that Airship AI will post -0.16 EPS for the current fiscal year.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.