Short Interest in Volato Group, Inc. (NYSEAMERICAN:SOAR) Decreases By 57.9%

Volato Group, Inc. (NYSEAMERICAN:SOAR) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 212,625 shares, a decline of 57.9% from the January 29th total of 505,348 shares. Based on an average trading volume of 8,829,190 shares, the short-interest ratio is presently 0.0 days. Approximately 3.8% of the company’s shares are short sold. Approximately 3.8% of the company’s shares are short sold. Based on an average trading volume of 8,829,190 shares, the short-interest ratio is presently 0.0 days.

Volato Group Stock Down 4.9%

SOAR traded down $0.01 on Friday, reaching $0.29. 286,703 shares of the company’s stock were exchanged, compared to its average volume of 3,209,685. Volato Group has a twelve month low of $0.28 and a twelve month high of $4.36. The company’s 50 day moving average is $0.58 and its 200-day moving average is $1.28.

Hedge Funds Weigh In On Volato Group

A hedge fund recently raised its stake in Volato Group stock. Geode Capital Management LLC lifted its stake in shares of Volato Group, Inc. (NYSEAMERICAN:SOAR) by 336.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,870 shares of the company’s stock after buying an additional 36,905 shares during the quarter. Geode Capital Management LLC owned approximately 0.64% of Volato Group worth $31,000 as of its most recent filing with the Securities and Exchange Commission.

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.