Air T, Inc. (NASDAQ:AIRTP) Short Interest Down 85.7% in January

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a large decline in short interest in 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 volume of 2,400 shares, the short-interest ratio is presently 0.1 days.

Air T Trading Down 0.1 %

NASDAQ AIRTP traded down $0.01 during trading hours on Tuesday, reaching $17.09. 4,998 shares of the company’s stock traded hands, compared to its average volume of 7,394. Air T has a 52-week low of $15.65 and a 52-week high of $19.99. The firm has a 50-day simple moving average of $17.24 and a 200 day simple moving average of $17.54.

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.