Jet.AI Inc. (NASDAQ:JTAIW) Short Interest Update

Jet.AI Inc. (NASDAQ:JTAIW) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 9,100 shares, a drop of 9.0% from the July 15th total of 10,000 shares. Based on an average daily volume of 30,700 shares, the days-to-cover ratio is currently 0.3 days.

Jet.AI Stock Performance

Shares of JTAIW stock traded down $0.03 during trading hours on Friday, reaching $0.07. The company had a trading volume of 100 shares, compared to its average volume of 46,793. Jet.AI has a 1-year low of $0.01 and a 1-year high of $0.12. The company has a 50 day moving average of $0.07 and a 200 day moving average of $0.06.

About Jet.AI

Jet.AI Inc primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits.