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

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 14,500 shares, an increase of 133.9% from the December 31st total of 6,200 shares. Based on an average daily volume of 251,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

AirNet Technology Stock Performance

Shares of NASDAQ:ANTE traded up $0.02 during mid-day trading on Friday, hitting $0.46. 12,606 shares of the company traded hands, compared to its average volume of 36,220. The firm’s 50 day simple moving average is $0.45 and its 200 day simple moving average is $0.52. AirNet Technology has a 52-week low of $0.26 and a 52-week high of $2.90.

AirNet Technology Company Profile

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.