FTAI Aviation Ltd. (NASDAQ:FTAIO) Short Interest Down 37.2% in October

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 18,700 shares, a decrease of 37.2% from the October 15th total of 29,800 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 1.9 days.

FTAI Aviation Price Performance

FTAIO stock remained flat at $25.45 during mid-day trading on Thursday. 8,731 shares of the company’s stock were exchanged, compared to its average volume of 9,326. The stock has a 50 day simple moving average of $25.78 and a 200-day simple moving average of $25.46. FTAI Aviation has a one year low of $23.61 and a one year high of $26.59.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, December 2nd. This represents a $2.00 annualized dividend and a yield of 7.86%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.