FTAI Aviation Ltd. (NASDAQ:FTAIO – Get Free Report) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 8,500 shares, an increase of 1,114.3% from the November 15th total of 700 shares. Based on an average daily trading volume, of 12,500 shares, the short-interest ratio is currently 0.7 days.
FTAI Aviation Price Performance
FTAIO stock opened at $25.90 on Thursday. FTAI Aviation has a 1-year low of $23.61 and a 1-year high of $26.59. The business’s 50 day simple moving average is $25.64 and its 200 day simple moving average is $25.47.
FTAI Aviation Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.72%. The ex-dividend date is Monday, December 2nd.
FTAI Aviation Company Profile
FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.
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