Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Expands By 1,200.0%

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 137,800 shares, a growth of 1,200.0% from the January 31st total of 10,600 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,900 shares, the days-to-cover ratio is presently 1.6 days.

AirNet Technology Stock Performance

NASDAQ ANTE opened at $0.52 on Friday. The business has a 50 day simple moving average of $0.46 and a two-hundred day simple moving average of $0.42. AirNet Technology has a 1-year low of $0.26 and a 1-year high of $2.90.

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.