AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Growth in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 225,800 shares, a growth of 3,484.1% from the September 15th total of 6,300 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average trading volume of 561,600 shares, the days-to-cover ratio is presently 0.4 days.

AirNet Technology Stock Performance

AirNet Technology stock opened at $0.32 on Friday. AirNet Technology has a fifty-two week low of $0.26 and a fifty-two week high of $2.90. The firm’s 50-day simple moving average is $0.38 and its 200 day simple moving average is $0.92.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.