AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Decline in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 38,100 shares, a decline of 78.0% from the October 31st total of 173,300 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 336,500 shares, the days-to-cover ratio is currently 0.1 days.

AirNet Technology Trading Down 6.9 %

Shares of AirNet Technology stock traded down $0.03 during trading hours on Wednesday, reaching $0.44. 95,594 shares of the stock traded hands, compared to its average volume of 247,491. The company has a 50 day moving average price of $0.43 and a 200 day moving average price of $0.71. AirNet Technology has a one year low of $0.26 and a one year high of $2.90.

About AirNet Technology

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.