FTAI Aviation Ltd. (NASDAQ:FTAIN) Sees Significant Growth in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 3,600 shares, an increase of 24.1% from the November 30th total of 2,900 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

FTAI Aviation Trading Up 1.3 %

NASDAQ:FTAIN traded up $0.32 during mid-day trading on Tuesday, hitting $25.88. 5,415 shares of the company’s stock were exchanged, compared to its average volume of 6,190. FTAI Aviation has a one year low of $24.00 and a one year high of $26.49. The business has a fifty day moving average price of $25.86 and a 200 day moving average price of $25.67.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date of this dividend was 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.