Madison Air Solutions Corporation (NYSE:MAIR) Short Interest Up ? in April

Madison Air Solutions Corporation (NYSE:MAIR) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 4,282,069 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily volume of 8,242,721 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.9% of the shares of the company are short sold.

Madison Air Solutions Stock Performance

Shares of Madison Air Solutions stock traded down $1.43 during trading on Friday, hitting $41.08. The stock had a trading volume of 1,763,356 shares, compared to its average volume of 3,744,230. Madison Air Solutions has a fifty-two week low of $31.00 and a fifty-two week high of $44.25.

Madison Air Solutions (NYSE:MAIR) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $83,088.00 earnings per share for the quarter. The firm had revenue of $923.70 million during the quarter, compared to analyst estimates of $847.55 million.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MAIR shares. Robert W. Baird started coverage on shares of Madison Air Solutions in a research note on Monday, May 11th. They set an “outperform” rating and a $48.00 target price on the stock. Barclays started coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set an “overweight” rating and a $45.00 price target on the stock. Citigroup started coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $49.00 price target on the stock. Bank of America started coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $47.00 price target on the stock. Finally, Wolfe Research started coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set a “peer perform” rating on the stock. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

About Madison Air Solutions

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.