Short Interest in Air T, Inc. (NASDAQ:AIRTP) Rises By 110.0%

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 2,100 shares, an increase of 110.0% from the October 31st total of 1,000 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 1.2 days.

Air T Trading Up 1.3 %

NASDAQ:AIRTP opened at $17.49 on Friday. The firm’s fifty day simple moving average is $17.41 and its 200 day simple moving average is $17.44. Air T has a twelve month low of $15.65 and a twelve month high of $19.99.

Air T Company Profile

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.