FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Large Growth in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 8,500 shares, a growth of 1,114.3% from the November 15th total of 700 shares. Based on an average trading volume of 12,500 shares, the short-interest ratio is currently 0.7 days.

FTAI Aviation Price Performance

NASDAQ FTAIO remained flat at $25.12 on Wednesday. 84,464 shares of the company’s stock were exchanged, compared to its average volume of 10,546. FTAI Aviation has a twelve month low of $23.61 and a twelve month high of $26.59. The stock has a 50 day moving average price of $25.65 and a 200-day moving average price of $25.47.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.96%. The ex-dividend date of this dividend is Monday, December 2nd.

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.