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

Air T, Inc. (NASDAQ:AIRTPGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,552 shares, a growth of 119.8% from the April 30th total of 1,161 shares. Based on an average daily volume of 2,943 shares, the short-interest ratio is currently 0.9 days.

Air T Stock Performance

NASDAQ:AIRTP opened at $19.30 on Friday. Air T has a 12-month low of $15.81 and a 12-month high of $21.00. The stock’s fifty day simple moving average is $19.27 and its 200-day simple moving average is $19.63.

About Air T

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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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