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

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,290,000 shares, a decline of 9.5% from the January 15th total of 2,530,000 shares. Approximately 12.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,720,000 shares, the days-to-cover ratio is currently 0.8 days.

Airship AI Trading Up 2.3 %

Shares of NASDAQ AISP opened at $6.36 on Monday. The firm’s 50-day simple moving average is $4.91 and its 200 day simple moving average is $3.46. Airship AI has a 12-month low of $1.43 and a 12-month high of $14.32.

Wall Street Analysts Forecast Growth

Separately, Benchmark reaffirmed a “buy” rating and issued a $6.00 target price on shares of Airship AI in a report on Tuesday, November 19th.

Insider Buying and Selling at Airship AI

In other news, CTO Yanda Ma sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $3.18, for a total value of $95,400.00. Following the sale, the chief technology officer now owns 30,000 shares of the company’s stock, valued at approximately $95,400. This represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. Insiders have sold 142,000 shares of company stock valued at $721,600 in the last 90 days. 57.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kieckhefer Group LLC acquired a new position in Airship AI during the 4th quarter worth about $47,000. JPMorgan Chase & Co. lifted its position in Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after buying an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after buying an additional 12,214 shares in the last quarter. XTX Topco Ltd acquired a new position in Airship AI during the 4th quarter worth about $75,000. Finally, Barclays PLC lifted its position in Airship AI by 29.0% during the 4th quarter. Barclays PLC now owns 12,746 shares of the company’s stock valued at $80,000 after purchasing an additional 2,865 shares during the period. Institutional investors and hedge funds own 5.89% of the company’s stock.

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.