Air T, Inc. (NASDAQ:AIRTP) Sees Large Increase in Short Interest

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 443 shares, an increase of 498.6% from the June 15th total of 74 shares. Based on an average daily volume of 852 shares, the short-interest ratio is presently 0.5 days.

Air T Trading Down 0.5%

Shares of NASDAQ:AIRTP traded down $0.09 during trading on Friday, hitting $19.36. The company’s stock had a trading volume of 2,997 shares, compared to its average volume of 3,244. Air T has a fifty-two week low of $17.25 and a fifty-two week high of $21.00. The stock’s 50-day moving average price is $19.40 and its two-hundred day moving average price is $19.56.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.