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

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a large increase in short interest in 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. Based on an average trading volume of 251,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

AirNet Technology Stock Performance

NASDAQ:ANTE traded up $0.00 during mid-day trading on Thursday, hitting $0.45. 31,199 shares of the company traded hands, compared to its average volume of 35,750. The stock’s fifty day moving average price is $0.45 and its 200-day moving average price is $0.52. AirNet Technology has a one year low of $0.26 and a one year high of $2.90.

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.