Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Down 15.4% in February

Air Industries Group (NYSEAMERICAN:AIRI) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 40,026 shares, a decline of 15.4% from the January 29th total of 47,289 shares. Based on an average daily volume of 54,187 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 54,187 shares, the days-to-cover ratio is presently 0.7 days.

Air Industries Group Price Performance

Shares of NYSEAMERICAN:AIRI traded down $0.16 on Thursday, reaching $3.38. 98,211 shares of the company were exchanged, compared to its average volume of 129,409. The company has a 50-day moving average of $3.26 and a 200-day moving average of $3.16. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 0.08. The firm has a market cap of $16.16 million, a price-to-earnings ratio of -6.04 and a beta of 0.03. Air Industries Group has a 1-year low of $2.55 and a 1-year high of $4.17.

Institutional Investors Weigh In On Air Industries Group

Several institutional investors have recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in shares of Air Industries Group in the 4th quarter worth about $83,000. Citadel Advisors LLC purchased a new stake in shares of Air Industries Group in the third quarter valued at $77,000. Finally, Ground Swell Capital LLC acquired a new position in shares of Air Industries Group during the 3rd quarter valued at about $42,000. Hedge funds and other institutional investors own 42.68% of the company’s stock.

Air Industries Group Company Profile

Air Industries Group, Inc (NYSE American: AIRI) is a precision engineering company headquartered in Ronkonkoma, New York. The firm specializes in the design, development and manufacture of air and gas handling solutions for high-performance applications. Its core offerings include turbomachinery components such as blowers, fans, compressors and turbines, as well as heat exchangers and related assemblies. Air Industries Group serves as an original equipment manufacturer (OEM) and a trusted supplier to a range of industries, with a particular focus on defense and aerospace.

The company’s product portfolio addresses the demanding requirements of military and commercial aerospace platforms, providing mission-critical airflow and thermal management systems.