AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Increase in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 66,900 shares, an increase of 151.5% from the March 15th total of 26,600 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 2,540,000 shares, the short-interest ratio is currently 0.0 days.

AirNet Technology Stock Down 7.4 %

Shares of AirNet Technology stock traded down $0.05 on Wednesday, reaching $0.68. 27,383 shares of the company traded hands, compared to its average volume of 887,514. The company has a 50 day moving average of $0.52 and a 200 day moving average of $0.48. AirNet Technology has a 52 week low of $0.26 and a 52 week high of $2.90.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.