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

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,400 shares, a drop of 29.4% from the February 13th total of 3,400 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 0.6 days.

Air T Price Performance

NASDAQ:AIRTP opened at $17.50 on Friday. Air T has a one year low of $15.65 and a one year high of $19.99. The company’s 50-day simple moving average is $17.26 and its 200 day simple moving average is $17.32.

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.