AIR Global (NASDAQ:AIIR – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 38,997 shares, a growth of 80.8% from the August 15th total of 21,571 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 13,620 shares, the days-to-cover ratio is presently 2.9 days.
AIR Global Stock Down 1.6%
Shares of NASDAQ AIIR opened at $7.17 on Thursday. The business has a fifty day moving average price of $6.81. AIR Global has a 52 week low of $5.29 and a 52 week high of $13.37. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 1.76.
Analysts Set New Price Targets
Separately, Barclays restated an “overweight” rating and issued a $10.00 price objective on shares of AIR Global in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, AIR Global currently has a consensus rating of “Buy” and a consensus price target of $10.00.
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.
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