AirNet Technology Inc. (NASDAQ:ANTE) Sees Significant Growth in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 14,500 shares, an increase of 133.9% from the December 31st total of 6,200 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 251,400 shares, the days-to-cover ratio is currently 0.1 days.

AirNet Technology Price Performance

Shares of ANTE stock opened at $0.44 on Wednesday. AirNet Technology has a 1-year low of $0.26 and a 1-year high of $2.90. The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.52.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.