AIR Global (NASDAQ:AIIR) Short Interest Up 102.5% in June

AIR Global (NASDAQ:AIIR) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 24,570 shares, an increase of 102.5% from the May 31st total of 12,133 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,795 shares, the short-interest ratio is currently 4.2 days.

Analyst Ratings Changes

Separately, Barclays started coverage on shares of AIR Global in a report on Friday, June 12th. They issued an “overweight” rating and a $9.00 target price for the company. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $9.00.

AIR Global Stock Performance

NASDAQ AIIR traded down $0.14 on Thursday, reaching $6.75. The company had a trading volume of 2,461 shares, compared to its average volume of 10,874. AIR Global has a 1 year low of $6.50 and a 1 year high of $13.37.

About AIR Global

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.