Short Interest in Montana Technologies Co. (NASDAQ:AIRJW) Increases By 114.1%

Montana Technologies Co. (NASDAQ:AIRJW) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 20,447 shares, an increase of 114.1% from the August 15th total of 9,550 shares. Based on an average daily volume of 10,815 shares, the short-interest ratio is presently 1.9 days.

Montana Technologies Price Performance

AIRJW stock remained flat at $1.00 during trading on Tuesday. 9,280 shares of the company’s stock were exchanged, compared to its average volume of 48,225. The stock has a 50-day simple moving average of $1.21 and a 200 day simple moving average of $0.97. Montana Technologies has a one year low of $0.46 and a one year 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.