FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Large Growth in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIOGet Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 10,500 shares, a growth of 22.1% from the September 15th total of 8,600 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 1.1 days.

FTAI Aviation Stock Up 0.1 %

Shares of FTAIO stock opened at $26.01 on Wednesday. The stock has a 50 day simple moving average of $25.64 and a 200-day simple moving average of $25.34. FTAI Aviation has a 1-year low of $22.02 and a 1-year high of $26.38.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 7.69%. The ex-dividend date was Friday, September 6th.

FTAI Aviation Company Profile

(Get Free Report)

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.

Further Reading

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