FTAI Aviation Ltd. (NASDAQ:FTAIN – Get Free Report) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 11,100 shares, a growth of 208.3% from the December 31st total of 3,600 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 2.7 days.
FTAI Aviation Trading Down 0.2 %
FTAI Aviation stock opened at $25.44 on Wednesday. FTAI Aviation has a fifty-two week low of $24.48 and a fifty-two week high of $26.49. The firm has a 50 day moving average price of $25.69 and a 200 day moving average price of $25.71.
Hedge Funds Weigh In On FTAI Aviation
An institutional investor recently bought a new position in FTAI Aviation stock. Shikiar Asset Management Inc. bought a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 41,400 shares of the company’s stock, valued at approximately $1,062,000.
FTAI Aviation Company Profile
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.
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