Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Decreases By 63.9%

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 3,000 shares, a decline of 63.9% from the January 31st total of 8,300 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. increased its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,650 shares of the company’s stock after buying an additional 4,250 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,206,000 as of its most recent filing with the Securities and Exchange Commission.

FTAI Aviation Stock Performance

NASDAQ FTAIN traded up $0.17 during trading on Friday, hitting $25.92. The stock had a trading volume of 5,732 shares, compared to its average volume of 14,444. FTAI Aviation has a twelve month low of $24.48 and a twelve month high of $26.49. The firm has a 50 day moving average price of $25.50 and a 200 day moving average price of $25.72.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 7.96%. The ex-dividend date of this dividend is Monday, March 10th.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.