Airship AI Holdings, Inc. (NASDAQ:AISP) Sees Significant Increase in Short Interest

Airship AI Holdings, Inc. (NASDAQ:AISP) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 783,000 shares, an increase of 30.0% from the September 15th total of 602,300 shares. Based on an average daily trading volume, of 731,700 shares, the short-interest ratio is currently 1.1 days. Approximately 5.6% of the company’s shares are sold short.

Airship AI Stock Up 9.0 %

AISP opened at $2.30 on Friday. The company has a 50-day simple moving average of $2.76 and a 200 day simple moving average of $4.43. Airship AI has a twelve month low of $1.34 and a twelve month high of $14.32.

Airship AI (NASDAQ:AISP) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $6.40 million during the quarter, compared to analyst estimates of $5.40 million. Sell-side analysts anticipate that Airship AI will post -0.16 EPS for the current year.

Insider Activity at Airship AI

In related news, President Paul M. Allen sold 30,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total value of $102,000.00. Following the completion of the transaction, the president now owns 70,000 shares of the company’s stock, valued at approximately $238,000. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 15.15% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Airship AI stock. Virtu Financial LLC bought a new position in shares of Airship AI Holdings, Inc. (NASDAQ:AISP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,379 shares of the company’s stock, valued at approximately $147,000. Virtu Financial LLC owned 0.10% of Airship AI as of its most recent SEC filing. 5.89% of the stock is owned by institutional investors.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.