FTAI Aviation Ltd. (NASDAQ:FTAIM) Sees Large Decline in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 76.7% from the February 28th total of 3,000 shares. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. raised its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 26.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,650 shares of the company’s stock after purchasing an additional 34,300 shares during the period. FTAI Aviation accounts for about 1.2% of Shikiar Asset Management Inc.’s portfolio, making the stock its 29th biggest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

FTAI Aviation Stock Performance

NASDAQ:FTAIM opened at $25.95 on Friday. FTAI Aviation has a one year low of $24.76 and a one year high of $28.16. The business has a fifty day moving average price of $26.08 and a 200-day moving average price of $26.49.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were paid a $0.5938 dividend. This represents a $2.38 annualized dividend and a dividend yield of 9.15%. The ex-dividend date was Monday, March 10th.

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.