AirNet Technology Inc. (NASDAQ:ANTE) Short Interest Down 73.9% in October

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 58,900 shares, a drop of 73.9% from the September 30th total of 225,800 shares. Based on an average daily volume of 607,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the shares of the stock are sold short.

AirNet Technology Stock Up 12.8 %

NASDAQ:ANTE traded up $0.05 during trading hours on Friday, hitting $0.44. 3,267,376 shares of the stock were exchanged, compared to its average volume of 240,067. The company’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.83. AirNet Technology has a twelve month low of $0.26 and a twelve month 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.