Montana Technologies Co. (NASDAQ:AIRJW) Sees Large Increase in Short Interest

Montana Technologies Co. (NASDAQ:AIRJW) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 6,229 shares, an increase of 130.0% from the May 14th total of 2,708 shares. Based on an average trading volume of 237,376 shares, the short-interest ratio is presently 0.0 days.

Montana Technologies Stock Up 5.8%

Shares of NASDAQ:AIRJW traded up $0.06 during midday trading on Friday, hitting $1.09. The stock had a trading volume of 8,250 shares, compared to its average volume of 58,552. The stock has a 50 day moving average price of $0.80 and a two-hundred day moving average price of $0.77. Montana Technologies has a 1 year low of $0.46 and a 1 year high of $1.87.

Montana Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.