Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Decreases By 76.0%

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 33,100 shares, a decrease of 76.0% from the February 13th total of 137,800 shares. Based on an average trading volume of 77,300 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are sold short.

AirNet Technology Price Performance

ANTE opened at $0.81 on Friday. AirNet Technology has a 52-week low of $0.26 and a 52-week high of $2.90. The business’s fifty day moving average is $0.47 and its 200-day moving average is $0.43.

About AirNet Technology

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.