Montana Technologies Co. (NASDAQ:AIRJW) Sees Large Drop in Short Interest

Montana Technologies Co. (NASDAQ:AIRJW) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 12,900 shares, a decline of 9.8% from the August 31st total of 14,300 shares. Based on an average daily volume of 49,300 shares, the days-to-cover ratio is currently 0.3 days.

Montana Technologies Price Performance

Shares of AIRJW opened at $0.42 on Tuesday. Montana Technologies has a 12 month low of $0.01 and a 12 month high of $1.91. The stock’s fifty day simple moving average is $0.72.

Montana Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.