Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Update

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,400,000 shares, an increase of 28.4% from the August 15th total of 1,090,000 shares. Approximately 11.3% of the company’s stock are sold short. Based on an average trading volume of 2,420,000 shares, the short-interest ratio is currently 0.6 days.

Airship AI Stock Performance

Shares of AISP opened at $2.72 on Friday. The business has a 50-day simple moving average of $3.37 and a two-hundred day simple moving average of $5.11. Airship AI has a 52 week low of $1.34 and a 52 week high of $14.32.

Airship AI (NASDAQ:AISP) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $6.40 million during the quarter, compared to analysts’ expectations of $5.40 million. Analysts forecast that Airship AI will post -0.16 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AISP. Roth Capital raised Airship AI to a “strong-buy” rating in a report on Monday, May 20th. Roth Mkm started coverage on Airship AI in a report on Monday, May 20th. They issued a “buy” rating and a $12.00 target price on the stock.

Insider Transactions at Airship AI

In other news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $3.40, for a total transaction of $102,000.00. Following the transaction, the president now directly owns 70,000 shares of the company’s stock, valued at $238,000. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 15.15% of the company’s stock.

Institutional Trading of Airship AI

An institutional investor recently bought a new position in Airship AI stock. CastleKnight Management LP bought a new position in shares of Airship AI Holdings, Inc. (NASDAQ:AISP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 216,867 shares of the company’s stock, valued at approximately $369,000. CastleKnight Management LP owned approximately 1.89% of Airship AI at the end of the most recent quarter. 5.89% of the stock is owned by hedge funds and other institutional investors.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.