Volato Group, Inc. (NYSEAMERICAN:SOAR) Sees Significant Decrease in Short Interest

Posted by Dante Gardener on Mar 29th, 2025

Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 74,600 shares, a decrease of 37.4% from the February 28th total of 119,100 shares. Based on an average trading volume of 270,200 shares, the short-interest ratio is presently 0.3 days. Currently, 6.0% of the shares of the stock are sold short.

Volato Group Trading Down 5.4 %

SOAR stock traded down $0.10 during mid-day trading on Friday, reaching $1.74. 35,054 shares of the stock traded hands, compared to its average volume of 263,767. Volato Group has a 52-week low of $1.40 and a 52-week high of $90.00. The stock has a fifty day moving average of $3.58.

Insider Activity

In related news, insider Nicholas James Cooper sold 18,360 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.50, for a total transaction of $119,340.00. Following the completion of the sale, the insider now directly owns 134,142 shares of the company’s stock, valued at $871,923. This represents a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 29.16% of the company’s stock.

Institutional Trading of Volato Group

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

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.