Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Drops By 8.2%

Airship AI Holdings, Inc. (NASDAQ:AISP) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 734,700 shares, a decrease of 8.2% from the October 15th total of 800,200 shares. Based on an average daily trading volume, of 821,100 shares, the short-interest ratio is presently 0.9 days. Approximately 5.3% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Benchmark began coverage on Airship AI in a research note on Wednesday, November 13th. They set a “buy” rating and a $6.00 target price for the company.

Airship AI Price Performance

Shares of Airship AI stock opened at $2.85 on Monday. The firm has a fifty day moving average price of $2.38 and a two-hundred day moving average price of $3.40. Airship AI has a fifty-two week low of $1.34 and a fifty-two week high of $14.32.

Insider Buying and Selling

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $3.40, for a total transaction of $102,000.00. Following the completion of the sale, the president now directly owns 70,000 shares in the company, valued at $238,000. This represents a 30.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 15.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC increased its stake in Airship AI by 12.1% during the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after acquiring an additional 21,616 shares during the period. State Street Corp increased its position in shares of Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after purchasing an additional 12,214 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in Airship AI in the first quarter worth $147,000. Institutional investors and hedge funds own 5.89% of the company’s stock.

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.