Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Increases By 26.6%

Airship AI Holdings, Inc. (NASDAQ:AISP) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 2,900,000 shares, a growth of 26.6% from the January 31st total of 2,290,000 shares. Currently, 15.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,720,000 shares, the short-interest ratio is presently 1.1 days.

Analyst Upgrades and Downgrades

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

Airship AI Stock Performance

Airship AI stock opened at $3.27 on Wednesday. The stock has a market cap of $114.69 million, a PE ratio of -1.22 and a beta of 0.04. The stock has a 50-day moving average of $5.11 and a two-hundred day moving average of $3.59. Airship AI has a one year low of $1.90 and a one year high of $14.32.

Insider Buying and Selling

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Yanda Ma sold 60,000 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Insiders sold 112,000 shares of company stock valued at $626,200 over the last 90 days. Corporate insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

Several hedge funds and other institutional investors have recently modified their holdings of AISP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Airship AI by 150.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company’s stock valued at $26,000 after purchasing an additional 2,482 shares in the last quarter. Kieckhefer Group LLC purchased a new stake in shares of Airship AI during the fourth quarter valued at $47,000. XTX Topco Ltd purchased a new stake in shares of Airship AI during the fourth quarter valued at $75,000. Barclays PLC increased its position in shares of Airship AI by 29.0% in the 4th quarter. Barclays PLC now owns 12,746 shares of the company’s stock valued at $80,000 after acquiring an additional 2,865 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Airship AI in the 4th quarter worth $90,000. 5.89% of the stock is owned by hedge funds and other 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.