Airship AI Holdings, Inc. (NASDAQ:AISP) Sees Large Growth in Short Interest

Airship AI Holdings, Inc. (NASDAQ:AISP) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,610,000 shares, a growth of 119.1% from the October 31st total of 734,700 shares. Approximately 11.2% of the shares of the stock are short sold. Based on an average trading volume of 827,900 shares, the days-to-cover ratio is currently 1.9 days.

Analyst Ratings Changes

Separately, Benchmark restated a “buy” rating and issued a $6.00 target price on shares of Airship AI in a research report on Tuesday, November 19th.

Airship AI Stock Performance

Airship AI stock opened at $2.60 on Friday. Airship AI has a 1 year low of $1.34 and a 1 year high of $14.32. The firm’s 50 day moving average price is $2.36 and its two-hundred day moving average price is $3.21.

Institutional Investors Weigh In On Airship AI

Institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in Airship AI in the 1st quarter worth about $147,000. Charles Schwab Investment Management Inc. grew its position in Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after purchasing an additional 12,214 shares in the last quarter. State Street Corp raised its stake in Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after buying an additional 21,616 shares during the period. 5.89% of the stock is owned by institutional investors and hedge funds.

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.