AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Decrease in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 30,700 shares, a decrease of 44.9% from the March 31st total of 55,700 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 69,500 shares, the short-interest ratio is currently 0.4 days.

AirNet Technology Trading Up 1.9 %

Shares of ANTE stock opened at $1.32 on Friday. The firm has a 50-day moving average of $1.30 and a 200-day moving average of $0.95. AirNet Technology has a one year low of $0.56 and a one year high of $1.95.

AirNet Technology Company Profile

AirNet Technology Inc operates out-of-home advertising platforms in the People's Republic of China. It operates through two segments, Cryptocurrency Mining and Air Travel Media Network. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, and documentaries; and internet connections through a network of satellites and land-based beacons.