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Air T, Inc. (NASDAQ:AIRTP) Short Interest Update

Defense World ·  Dec 29, 2022 18:31

Air T, Inc. (NASDAQ:AIRTP – Get Rating) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decrease of 87.5% from the November 30th total of 800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 0.1 days.

Air T Price Performance

NASDAQ:AIRTP opened at $20.95 on Thursday. The stock's fifty day moving average price is $21.76 and its two-hundred day moving average price is $22.15. Air T has a 52-week low of $19.10 and a 52-week high of $24.26.

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Air T Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, November 11th were paid a dividend of $0.50 per share. This represents a dividend yield of 8.97%. The ex-dividend date was Thursday, November 10th.

About Air T

(Get Rating)

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 company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx.

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