FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,600 shares, a growth of 24.1% from the November 30th total of 2,900 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On FTAI Aviation

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new position in FTAI Aviation Ltd. (NASDAQ:FTAIN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

FTAI Aviation Trading Up 1.3 %

Shares of FTAI Aviation stock traded up $0.32 during trading on Tuesday, hitting $25.88. The stock had a trading volume of 5,415 shares, compared to its average volume of 6,190. The business’s 50-day moving average is $25.86 and its 200 day moving average is $25.67. FTAI Aviation has a 12 month low of $24.00 and a 12 month high of $26.49.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.5156 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 7.97%.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.