Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Down 8.2% in October

Airship AI Holdings, Inc. (NASDAQ:AISP) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 734,700 shares, a decline of 8.2% from the October 15th total of 800,200 shares. Based on an average daily volume of 821,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 5.3% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Benchmark started coverage on Airship AI in a research note on Wednesday, November 13th. They set a “buy” rating and a $6.00 price objective for the company.

Insider Buying and Selling at Airship AI

In other news, President Paul M. Allen sold 30,000 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $3.40, for a total value of $102,000.00. Following the completion of the transaction, the president now directly owns 70,000 shares of the company’s stock, valued at approximately $238,000. This represents a 30.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 15.15% of the company’s stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently bought and sold shares of AISP. Virtu Financial LLC acquired a new position in Airship AI in the first quarter worth $147,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares during the last quarter. State Street Corp lifted its position in Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after buying an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after acquiring an additional 21,616 shares in the last quarter. 5.89% of the stock is owned by institutional investors and hedge funds.

Airship AI Stock Down 22.8 %

Shares of Airship AI stock opened at $2.85 on Monday. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32. The firm’s 50-day moving average price is $2.38 and its two-hundred day moving average price is $3.40.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.