Air T, Inc. (NASDAQ:AIRTP) Sees Significant Decrease in Short Interest

Air T, Inc. (NASDAQ:AIRTP) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decline of 85.7% from the December 31st total of 1,400 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 0.1 days.

Air T Stock Down 0.3 %

NASDAQ AIRTP opened at $17.05 on Wednesday. Air T has a 52 week low of $15.65 and a 52 week high of $19.99. The firm’s 50-day simple moving average is $17.24 and its two-hundred day simple moving average is $17.55.

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.