Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Increases By 208.3%

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 11,100 shares, a growth of 208.3% from the December 15th total of 3,600 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is presently 2.7 days.

Hedge Funds Weigh In On FTAI Aviation

An institutional investor recently bought a new position in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new position in FTAI Aviation Ltd. (NASDAQ:FTAIN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

FTAI Aviation Price Performance

NASDAQ FTAIN opened at $25.24 on Thursday. The stock has a 50-day simple moving average of $25.85 and a 200 day simple moving average of $25.71. FTAI Aviation has a twelve month low of $24.52 and a twelve month high of $26.49.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a $0.5156 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.06 annualized dividend and a dividend yield of 8.17%.

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.