Air T, Inc. (NASDAQ:AIRTP) Short Interest Up 1,300.0% in December

Air T, Inc. (NASDAQ:AIRTP) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the November 30th total of 100 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 0.7 days.

Air T Trading Down 2.0 %

NASDAQ:AIRTP traded down $0.10 during mid-day trading on Thursday, hitting $17.00. 443 shares of the company’s stock were exchanged, compared to its average volume of 1,708. Air T has a one year low of $15.65 and a one year high of $19.99. The business has a fifty day moving average price of $17.41 and a 200 day moving average price of $17.54.

About Air T

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.