FTAI Aviation Ltd. (NASDAQ:FTAIP) Sees Significant Increase in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIP) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,300 shares, a growth of 9.5% from the May 31st total of 2,100 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 0.2 days.

FTAI Aviation Stock Performance

FTAIP opened at $25.10 on Thursday. The business has a fifty day moving average of $25.20 and a 200 day moving average of $25.13. FTAI Aviation has a 52-week low of $22.04 and a 52-week high of $25.66.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date of this dividend was Monday, June 3rd.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.