FTAI Aviation Ltd. (NASDAQ:FTAIM) Short Interest Down 76.7% in March

FTAI Aviation Ltd. (NASDAQ:FTAIMGet Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 76.7% from the February 28th total of 3,000 shares. Based on an average trading volume of 8,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. raised its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAIMFree Report) by 26.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,650 shares of the company’s stock after purchasing an additional 34,300 shares during the quarter. FTAI Aviation accounts for about 1.2% of Shikiar Asset Management Inc.’s portfolio, making the stock its 29th largest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,359,000 as of its most recent SEC filing.

FTAI Aviation Trading Down 0.2 %

FTAI Aviation stock opened at $25.98 on Thursday. The firm’s 50 day moving average price is $26.08 and its 200-day moving average price is $26.49. FTAI Aviation has a 1 year low of $24.76 and a 1 year high of $28.16.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were issued a dividend of $0.5938 per share. This represents a $2.38 annualized dividend and a dividend yield of 9.14%. The ex-dividend date of this dividend was Monday, March 10th.

FTAI Aviation Company Profile

(Get Free Report)

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.

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