FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 3,000 shares, a drop of 63.9% from the January 31st total of 8,300 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 0.3 days.

FTAI Aviation Stock Performance

NASDAQ:FTAIN traded up $0.24 during midday trading on Friday, reaching $25.99. The stock had a trading volume of 1,863 shares, compared to its average volume of 14,335. FTAI Aviation has a 1-year low of $24.48 and a 1-year high of $26.49. The firm’s fifty day simple moving average is $25.50 and its 200-day simple moving average is $25.71.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 10th will be paid a $0.5156 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $2.06 dividend on an annualized basis and a yield of 7.94%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. boosted its position in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 10.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,650 shares of the company’s stock after buying an additional 4,250 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,206,000 at the end of the most recent reporting period.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.