Air T, Inc. (NASDAQ:AIRTP – Get Free Report) was the recipient of a large drop in short interest during 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 volume of 755 shares, the days-to-cover ratio is presently 1.6 days.
Air T Stock Up 0.2%
Air T stock traded up $0.05 during mid-day trading on Friday, hitting $18.88. 303 shares of the stock were exchanged, compared to its average volume of 3,570. Air T has a 12 month low of $15.81 and a 12 month high of $21.00. The firm’s fifty day simple moving average is $19.24 and its two-hundred day simple moving average is $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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