Short Interest in Volato Group, Inc. (NYSEAMERICAN:SOAR) Decreases By 93.3%

Posted by Paula Ricardo on Mar 1st, 2025

Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 55,500 shares, a decrease of 93.3% from the January 31st total of 829,700 shares. Currently, 6.9% of the shares of the company are short sold. Based on an average daily volume of 368,100 shares, the days-to-cover ratio is currently 0.2 days.

Insider Activity

In other Volato Group news, insider Nicholas James Cooper sold 18,360 shares of Volato Group stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.50, for a total value of $119,340.00. Following the completion of the sale, the insider now owns 134,142 shares of the company’s stock, valued at approximately $871,923. The trade was a 12.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 29.16% of the company’s stock.

Institutional Investors Weigh In On Volato Group

A hedge fund recently bought a new stake in Volato Group stock. Geode Capital Management LLC acquired a new stake in Volato Group, Inc. (NYSEAMERICAN:SOAR – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 105,157 shares of the company’s stock, valued at approximately $26,000. Geode Capital Management LLC owned approximately 0.23% of Volato Group as of its most recent SEC filing.

Volato Group Trading Down 1.3 %

SOAR traded down $0.03 during trading on Friday, hitting $2.21. The company’s stock had a trading volume of 45,900 shares, compared to its average volume of 213,699. Volato Group has a one year low of $2.00 and a one year high of $112.50.

About Volato Group

(Get Free Report)

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.