Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIP) Rises By 104.3%

FTAI Aviation Ltd. (NASDAQ:FTAIP) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 4,700 shares, an increase of 104.3% from the June 15th total of 2,300 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is presently 0.5 days.

FTAI Aviation Trading Down 0.1 %

FTAIP traded down $0.02 during trading hours on Friday, hitting $25.15. The stock had a trading volume of 8,258 shares, compared to its average volume of 10,111. The company’s fifty day simple moving average is $25.18 and its 200 day simple moving average is $25.15. FTAI Aviation has a 1 year low of $22.04 and a 1 year high of $25.66.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Monday, June 3rd were issued a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 8.20%. The ex-dividend date was Monday, June 3rd.

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.