Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIM) Grows By 132.6%

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 421 shares, an increase of 132.6% from the January 15th total of 181 shares. Based on an average daily trading volume, of 4,759 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 4,759 shares, the short-interest ratio is presently 0.1 days.

FTAI Aviation Stock Performance

NASDAQ FTAIM remained flat at $27.20 on Friday. 1,136 shares of the company’s stock were exchanged, compared to its average volume of 4,245. FTAI Aviation has a one year low of $24.60 and a one year high of $27.49. The stock’s 50 day moving average is $27.00 and its 200 day moving average is $26.81.

Hedge Funds Weigh In On FTAI Aviation

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. raised its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,630 shares of the company’s stock after buying an additional 6,430 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,248,000 as of its most recent SEC filing.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.