Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Decreases By 47.3%

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 10,600 shares, a decrease of 47.3% from the January 15th total of 20,100 shares. Based on an average daily volume of 95,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

AirNet Technology Stock Up 8.0 %

ANTE stock traded up $0.04 during midday trading on Friday, reaching $0.48. 229,322 shares of the company were exchanged, compared to its average volume of 73,780. AirNet Technology has a 1-year low of $0.26 and a 1-year high of $2.90. The stock’s 50-day simple moving average is $0.45 and its 200 day simple moving average is $0.48.

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.