Short Interest in Air T, Inc. (NASDAQ:AIRTP) Rises By 87.5%

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a growth of 87.5% from the February 28th total of 2,400 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 1.1 days.

Air T Trading Down 7.1 %

Shares of Air T stock opened at $15.80 on Friday. Air T has a twelve month low of $16.03 and a twelve month high of $19.99. The company has a 50-day simple moving average of $17.22 and a two-hundred day simple moving average of $17.31.

Air T Company Profile

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.