FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Large Increase in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 9,100 shares, a growth of 16.7% from the May 31st total of 7,800 shares. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is presently 1.2 days.

FTAI Aviation Stock Down 0.0 %

Shares of NASDAQ:FTAIO opened at $25.03 on Wednesday. The business has a fifty day simple moving average of $25.21 and a 200-day simple moving average of $25.13. FTAI Aviation has a 52 week low of $21.25 and a 52 week high of $26.38.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Monday, June 3rd were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.99%. The ex-dividend date of this dividend was Monday, June 3rd.

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.