FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Significant Decline in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 10,200 shares, a decrease of 42.4% from the December 15th total of 17,700 shares. Based on an average daily volume of 16,600 shares, the short-interest ratio is presently 0.6 days.

FTAI Aviation Stock Performance

FTAI Aviation stock remained flat at $25.37 during trading hours on Tuesday. 2,927 shares of the company’s stock traded hands, compared to its average volume of 10,916. FTAI Aviation has a 1 year low of $23.68 and a 1 year high of $26.59. The stock has a 50 day moving average of $25.31 and a 200-day moving average of $25.48.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.50 per share. The ex-dividend date was Monday, December 2nd. This represents a $2.00 annualized dividend and a dividend yield of 7.88%.

About FTAI Aviation

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.