Short Interest in Montana Technologies Co. (NASDAQ:AIRJW) Decreases By 44.4%

Montana Technologies Co. (NASDAQ:AIRJW) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,708 shares, a drop of 44.4% from the April 30th total of 4,867 shares. Based on an average daily volume of 7,445 shares, the short-interest ratio is presently 0.4 days.

Montana Technologies Price Performance

Shares of NASDAQ AIRJW traded up $0.12 during trading hours on Tuesday, reaching $1.32. 1,244,719 shares of the stock were exchanged, compared to its average volume of 45,081. Montana Technologies has a 52 week low of $0.46 and a 52 week high of $1.87. The stock’s fifty day simple moving average is $0.71 and its 200 day simple moving average is $0.75.

Montana Technologies Company Profile

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.