Montana Technologies Co. (NASDAQ:AIRJW) Short Interest Down 44.4% in May

Montana Technologies Co. (NASDAQ:AIRJW) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,708 shares, a decline of 44.4% from the April 30th total of 4,867 shares. Based on an average daily volume of 7,445 shares, the short-interest ratio is currently 0.4 days.

Montana Technologies Price Performance

Montana Technologies stock traded up $0.08 during trading hours on Wednesday, reaching $1.38. The company had a trading volume of 17,814 shares, compared to its average volume of 51,779. The company has a 50-day moving average price of $0.71 and a 200 day moving average price of $0.75. Montana Technologies has a 12-month low of $0.46 and a 12-month high of $1.87.

About Montana Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.