AirNet Technology Inc. (NASDAQ:ANTE) Short Interest Down 44.9% in April

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 30,700 shares, a drop of 44.9% from the March 31st total of 55,700 shares. Based on an average daily volume of 69,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are short sold.

AirNet Technology Price Performance

Shares of ANTE traded up $0.01 on Friday, hitting $1.32. The company’s stock had a trading volume of 5,920 shares, compared to its average volume of 21,276. The firm’s fifty day moving average price is $1.30 and its 200-day moving average price is $0.95. AirNet Technology has a fifty-two week low of $0.56 and a fifty-two week high of $1.95.

About AirNet Technology

AirNet Technology Inc operates out-of-home advertising platforms in the People's Republic of China. It operates through two segments, Cryptocurrency Mining and Air Travel Media Network. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, and documentaries; and internet connections through a network of satellites and land-based beacons.