Montana Technologies Co. (NASDAQ:AIRJW) Sees Significant Growth in Short Interest

Montana Technologies Co. (NASDAQ:AIRJW) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 16,000 shares, an increase of 150.0% from the January 31st total of 6,400 shares. Based on an average trading volume of 36,100 shares, the days-to-cover ratio is currently 0.4 days.

Montana Technologies Price Performance

Shares of NASDAQ:AIRJW opened at $1.11 on Monday. Montana Technologies has a 12 month low of $0.38 and a 12 month high of $2.17. The company’s 50-day moving average price is $1.23 and its two-hundred day moving average price is $0.85.

About Montana Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.