Air T, Inc. (NASDAQ:AIRTP – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,233 shares, a drop of 51.7% from the May 14th total of 2,552 shares. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is currently 1.6 days.
Air T Stock Performance
Shares of AIRTP stock traded up $0.05 during trading hours on Friday, hitting $18.88. 303 shares of the company were exchanged, compared to its average volume of 3,570. Air T has a fifty-two week low of $15.81 and a fifty-two week high of $21.00. The company has a 50 day simple moving average of $19.24 and a two-hundred day simple moving average of $19.61.
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.
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