Short Interest in Air T, Inc. (NASDAQ:AIRTP) Expands By 87.5%

Air T, Inc. (NASDAQ:AIRTP) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,500 shares, an increase of 87.5% from the February 28th total of 2,400 shares. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 1.1 days.

Air T Stock Up 1.0 %

Shares of Air T stock opened at $17.18 on Friday. Air T has a 52 week low of $16.03 and a 52 week high of $19.99. The company has a 50 day moving average price of $17.22 and a 200 day moving average price of $17.31.

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.