Volato Group, Inc. (NYSEAMERICAN:SOAR) Short Interest Up 108.4% in December

Volato Group, Inc. (NYSEAMERICAN:SOAR) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 874,559 shares, an increase of 108.4% from the December 15th total of 419,721 shares. Currently, 15.8% of the shares of the stock are sold short. Based on an average daily volume of 3,649,104 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 3,649,104 shares, the days-to-cover ratio is currently 0.2 days. Currently, 15.8% of the shares of the stock are sold short.

Volato Group Stock Down 11.1%

Volato Group stock opened at $0.54 on Friday. The stock has a 50-day simple moving average of $1.05 and a 200 day simple moving average of $1.48. Volato Group has a 12-month low of $0.53 and a 12-month high of $6.48.

Volato Group (NYSEAMERICAN:SOAR) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.45 EPS for the quarter. The company had revenue of $0.38 million for the quarter.

Volato Group Company Profile

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.