Air T, Inc. (NASDAQ:AIRTP) Sees Large Growth in Short Interest

Air T, Inc. (NASDAQ:AIRTP) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 443 shares, a growth of 498.6% from the June 15th total of 74 shares. Based on an average daily volume of 852 shares, the days-to-cover ratio is currently 0.5 days.

Air T Trading Up 1.1%

NASDAQ:AIRTP traded up $0.22 during trading hours on Monday, reaching $19.67. The company’s stock had a trading volume of 154 shares, compared to its average volume of 3,243. Air T has a one year low of $17.25 and a one year high of $21.00. The business’s 50-day moving average is $19.40 and its 200-day moving average is $19.57.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.