Air T, Inc. (NASDAQ:AIRTP) Short Interest Up 1,500.0% in January

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, a growth of 1,500.0% from the January 15th total of 200 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 0.8 days.

Air T Trading Up 0.6 %

AIRTP traded up $0.10 during trading on Wednesday, hitting $17.50. 707 shares of the stock traded hands, compared to its average volume of 5,472. Air T has a 12-month low of $15.65 and a 12-month high of $19.99. The firm has a 50-day moving average of $17.22 and a 200 day moving average of $17.48.

Air T Company Profile

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.