Volato Group, Inc. (NYSEAMERICAN:SOAR) Short Interest Update

Volato Group, Inc. (NYSEAMERICAN:SOAR) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 123,500 shares, an increase of 65.5% from the March 15th total of 74,600 shares. Based on an average daily trading volume, of 250,600 shares, the short-interest ratio is presently 0.5 days. Approximately 9.6% of the shares of the stock are short sold.

Volato Group Price Performance

SOAR opened at $2.05 on Friday. The company’s 50 day simple moving average is $2.42 and its two-hundred day simple moving average is $5.62. Volato Group has a 1-year low of $1.26 and a 1-year high of $60.00.

Institutional Trading of Volato Group

An institutional investor recently bought a new position in Volato Group stock. Geode Capital Management LLC acquired a new position in Volato Group, Inc. (NYSEAMERICAN:SOAR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 105,157 shares of the company’s stock, valued at approximately $26,000. Geode Capital Management LLC owned about 0.23% of Volato Group as of its most recent filing with the Securities and Exchange Commission.

About Volato Group

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.