Air T, Inc. (NASDAQ:AIRTP – Get Free Report) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 914 shares, an increase of 655.4% from the October 15th total of 121 shares. Based on an average daily volume of 687 shares, the days-to-cover ratio is currently 1.3 days.
Air T Stock Performance
Air T stock opened at $18.88 on Friday. Air T has a 1-year low of $18.00 and a 1-year high of $21.00. The firm’s fifty day simple moving average is $18.84 and its 200-day simple moving average is $19.24.
Air T Company Profile
Air T, Inc. is a diversified holding company focused primarily on aviation-related businesses. Founded in 1980 and headquartered in Maiden, North Carolina, it operates through subsidiaries that provide services and equipment to airlines, airports and other aviation customers. The company’s activities include regional air cargo transportation, aircraft ground support equipment manufacturing, and the trading, leasing and support of commercial aircraft, engines and related parts. Its ground support products include specialized equipment used to service aircraft at airports.
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