Air T, Inc. (NASDAQ:AIRTP) Sees Significant Decrease in Short Interest

Air T, Inc. (NASDAQ:AIRTP) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a drop of 85.7% from the December 15th total of 1,400 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 0.1 days.

Air T Price Performance

Shares of AIRTP stock opened at $17.26 on Wednesday. Air T has a 12 month low of $15.65 and a 12 month high of $19.99. The company’s fifty day simple moving average is $17.34 and its 200-day simple moving average is $17.54.

About Air T

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.