Air T, Inc. (NASDAQ:AIRTP) Short Interest Down 85.7% in January

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease of 85.7% from the December 31st total of 1,400 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 0.1 days.

Air T Stock Performance

Shares of NASDAQ:AIRTP opened at $17.13 on Thursday. Air T has a 52-week low of $15.65 and a 52-week high of $19.99. The business has a 50-day moving average price of $17.24 and a 200-day moving average price of $17.54.

About Air T

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.