Air T, Inc. (NASDAQ:AIRTP) Short Interest Up 1,500.0% in January

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 3,200 shares, a growth of 1,500.0% from the January 15th total of 200 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 0.8 days.

Air T Trading Down 1.8 %

AIRTP traded down $0.32 during trading on Friday, reaching $17.11. 1,716 shares of the company’s stock were exchanged, compared to its average volume of 5,241. Air T has a one year low of $15.65 and a one year high of $19.99. The firm has a fifty day moving average price of $17.21 and a two-hundred day moving average price of $17.47.

About Air T

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.