Air T, Inc. (NASDAQ:AIRTP) Short Interest Down 29.4% in February

Air T, Inc. (NASDAQ:AIRTP) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, a decline of 29.4% from the February 13th total of 3,400 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is presently 0.6 days.

Air T Trading Down 1.5 %

NASDAQ:AIRTP opened at $17.23 on Tuesday. The company has a fifty day moving average of $17.25 and a 200-day moving average of $17.32. Air T has a twelve month low of $15.65 and a twelve month high of $19.99.

Air T Company Profile

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.