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

Air T, Inc. (NASDAQ:AIRTP) was the target of a large growth in short interest in the month of 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 daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 1.1 days.

Air T Stock Performance

AIRTP stock opened at $17.18 on Friday. Air T has a 1-year low of $16.03 and a 1-year high of $19.99. The business has a 50-day moving average price of $17.22 and a 200 day moving average price of $17.31.

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.