Air T, Inc. (NASDAQ:AIRTP) Short Interest Update

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 400 shares, a drop of 91.5% from the May 15th total of 4,700 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 0.1 days.

Air T Trading Up 0.7%

Shares of AIRTP opened at $17.44 on Friday. The stock has a fifty day moving average price of $16.98 and a two-hundred day moving average price of $17.13. Air T has a 52-week low of $14.37 and a 52-week 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.