AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Growth in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 14,500 shares, a growth of 133.9% from the December 15th total of 6,200 shares. Based on an average daily trading volume, of 251,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

AirNet Technology Stock Performance

AirNet Technology stock opened at $0.46 on Thursday. AirNet Technology has a 1 year low of $0.26 and a 1 year high of $2.90. The firm’s 50 day moving average price is $0.47 and its two-hundred day moving average price is $0.56.

AirNet Technology Company Profile

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.