AirNet Technology Inc. (NASDAQ:ANTE) Short Interest Update

AirNet Technology Inc. (NASDAQ:ANTE) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 137,800 shares, a growth of 1,200.0% from the January 31st total of 10,600 shares. Based on an average trading volume of 88,900 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.0% of the company’s stock are sold short.

AirNet Technology Price Performance

NASDAQ:ANTE traded down $0.01 during mid-day trading on Thursday, hitting $0.50. 6,419 shares of the company’s stock traded hands, compared to its average volume of 79,944. The firm has a 50 day moving average of $0.46 and a two-hundred day moving average of $0.42. AirNet Technology has a 12 month low of $0.26 and a 12 month 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.