FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 31.6% in November

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,500 shares, a growth of 31.6% from the October 31st total of 1,900 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is presently 0.5 days.

FTAI Aviation Stock Up 0.8 %

FTAIN traded up $0.21 during midday trading on Friday, reaching $26.30. 3,460 shares of the company’s stock were exchanged, compared to its average volume of 6,365. The business has a 50-day simple moving average of $25.96 and a two-hundred day simple moving average of $25.62. FTAI Aviation has a one year low of $23.30 and a one year high of $26.49.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 7.84%. The ex-dividend date of this dividend is Monday, December 2nd.

Institutional Trading of FTAI Aviation

An institutional investor recently bought a new position in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.