Madison Air Solutions Corporation (NYSE:MAIR) Short Interest Up ∞ in April

Madison Air Solutions Corporation (NYSE:MAIR) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,282,069 shares, a growth of ∞ from the April 15th total of 0 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 8,242,721 shares, the short-interest ratio is presently 0.5 days.

Madison Air Solutions Price Performance

NYSE:MAIR traded down $1.43 during trading hours on Friday, hitting $41.08. 1,763,356 shares of the company’s stock traded hands, compared to its average volume of 3,744,230. Madison Air Solutions has a twelve month low of $31.00 and a twelve month high of $44.25.

Madison Air Solutions (NYSE:MAIR) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $83,088.00 earnings per share for the quarter. The business had revenue of $923.70 million for the quarter, compared to analyst estimates of $847.55 million.

Analyst Ratings Changes

MAIR has been the topic of a number of recent analyst reports. Robert W. Baird initiated coverage on Madison Air Solutions in a research report on Monday, May 11th. They set an “outperform” rating and a $48.00 target price on the stock. The Goldman Sachs Group initiated coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “neutral” rating and a $44.00 target price on the stock. Wolfe Research began coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “peer perform” rating on the stock. Wells Fargo & Company began coverage on Madison Air Solutions in a research report on Monday, May 11th. They set an “overweight” rating and a $47.00 price target on the stock. Finally, Bank of America began coverage on Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $47.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Madison Air Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

About Madison Air Solutions

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.