Airship AI Holdings, Inc. (NASDAQ:AISP) Sees Significant Drop in Short Interest

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,290,000 shares, a drop of 9.5% from the January 15th total of 2,530,000 shares. Currently, 12.0% of the company’s shares are short sold. Based on an average daily volume of 2,720,000 shares, the short-interest ratio is presently 0.8 days.

Airship AI Trading Up 2.3 %

Shares of AISP opened at $6.36 on Tuesday. The firm has a 50-day simple moving average of $4.91 and a two-hundred day simple moving average of $3.46. Airship AI has a 1-year low of $1.43 and a 1-year high of $14.32.

Insider Buying and Selling

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Yanda Ma sold 60,000 shares of Airship AI stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 142,000 shares of company stock worth $721,600. Insiders own 57.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AISP. Charles Schwab Investment Management Inc. grew its holdings in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after purchasing an additional 12,214 shares in the last quarter. State Street Corp grew its holdings in shares of Airship AI by 54.2% in the third 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 in the last quarter. Geode Capital Management LLC grew its holdings 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 valued at $459,000 after purchasing an additional 21,616 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Airship AI by 1,982.9% in the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after purchasing an additional 26,095 shares in the last quarter. Finally, Kieckhefer Group LLC acquired a new position in shares of Airship AI in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 5.89% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Airship AI

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.