Short Interest in Air T, Inc. (NASDAQ:AIRTP) Grows By 87.5%

Air T, Inc. (NASDAQ:AIRTPGet Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a growth of 87.5% from the February 28th total of 2,400 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 1.1 days.

Air T Stock Performance

Shares of NASDAQ AIRTP opened at $17.18 on Friday. Air T has a twelve month low of $16.03 and a twelve month high of $19.99. The company has a 50 day moving average of $17.22 and a 200 day moving average of $17.30.

Air T Company Profile

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Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.

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