Short Interest in Air T, Inc. (NASDAQ:AIRTP) Declines By 85.7%

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease of 85.7% from the December 31st total of 1,400 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days.

Air T Price Performance

AIRTP stock opened at $17.13 on Thursday. The firm has a 50-day simple moving average of $17.24 and a two-hundred day simple moving average of $17.54. Air T has a one year low of $15.65 and a one year high of $19.99.

About Air T

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.