Virtu Financial LLC increased its stake in Air Industries Group (NYSEAMERICAN:AIRI – Free Report) by 55.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,699 shares of the company’s stock after acquiring an additional 5,982 shares during the period. Virtu Financial LLC’s holdings in Air Industries Group were worth $68,000 as of its most recent SEC filing.
Separately, Empowered Funds LLC purchased a new position in Air Industries Group during the fourth quarter worth $70,000. Institutional investors own 42.68% of the company’s stock.
Air Industries Group Trading Down 3.1 %
Shares of AIRI opened at $3.48 on Tuesday. The company’s fifty day simple moving average is $4.19 and its 200-day simple moving average is $4.85. The company has a market cap of $11.69 million, a P/E ratio of -19.33 and a beta of 0.18. The company has a current ratio of 1.44, a quick ratio of 0.30 and a debt-to-equity ratio of 0.54. Air Industries Group has a twelve month low of $3.03 and a twelve month high of $9.44.
About Air Industries Group
Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.
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