Jet.AI Inc. (NASDAQ:JTAI) Short Interest Update

Jet.AI Inc. (NASDAQ:JTAI) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 1,580,000 shares, a growth of 87.3% from the September 15th total of 843,400 shares. Approximately 12.0% of the company’s shares are short sold. Based on an average daily volume of 2,400,000 shares, the short-interest ratio is currently 0.7 days.

Jet.AI Stock Performance

JTAI stock opened at $0.10 on Friday. The firm has a market cap of $1.28 million, a P/E ratio of -0.07 and a beta of 0.27. The firm’s fifty day moving average is $0.16 and its 200 day moving average is $0.44. Jet.AI has a 52 week low of $0.08 and a 52 week high of $4.47.

Jet.AI (NASDAQ:JTAI) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.25) earnings per share (EPS) for the quarter. The business had revenue of $3.08 million for the quarter.

Jet.AI Company Profile

Jet.AI Inc primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits.