Air T, Inc. (NASDAQ:AIRTP) Short Interest Update

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,000 shares, an increase of 900.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is currently 0.7 days.

Air T Price Performance

Shares of AIRTP stock opened at $18.33 on Thursday. Air T has a 12-month low of $14.69 and a 12-month high of $19.99. The business has a 50 day simple moving average of $17.46 and a 200 day simple moving average of $17.44.

About Air T

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.