Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Increases By 194.2%

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 173,300 shares, a growth of 194.2% from the October 15th total of 58,900 shares. Based on an average daily volume of 367,200 shares, the short-interest ratio is currently 0.5 days. Approximately 1.2% of the shares of the company are short sold.

AirNet Technology Trading Down 5.1 %

NASDAQ:ANTE opened at $0.60 on Friday. The business’s fifty day moving average is $0.40 and its 200 day moving average is $0.75. AirNet Technology has a 52-week low of $0.26 and a 52-week high of $2.90.

About AirNet Technology

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.