Jet.AI Inc. (NASDAQ:JTAIW) Short Interest Down 9.0% in July

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

Jet.AI Price Performance

Shares of JTAIW stock traded up $0.03 during trading hours on Monday, reaching $0.10. The company’s stock had a trading volume of 19,038 shares, compared to its average volume of 46,591. Jet.AI has a one year low of $0.01 and a one year high of $0.12. The firm’s fifty day simple moving average is $0.07 and its 200 day simple moving average is $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.