Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 357,600 shares, an increase of 44.1% from the June 15th total of 248,100 shares. Currently, 2.5% of the company’s shares are sold short. Based on an average trading volume of 145,100 shares, the days-to-cover ratio is presently 2.5 days.
Volato Group Stock Up 1.8 %
Volato Group stock traded up $0.01 during trading hours on Friday, reaching $0.56. The company had a trading volume of 55,020 shares, compared to its average volume of 307,423. Volato Group has a 12-month low of $0.46 and a 12-month high of $35.00.
Volato Group (NYSEAMERICAN:SOAR – Get Free Report) last issued its earnings results on Wednesday, May 15th. The company reported ($0.60) earnings per share (EPS) for the quarter. The firm had revenue of $13.21 million for the quarter.
About Volato Group
Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.
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