FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Down 90.9% in January

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 197 shares, a decline of 90.9% from the December 31st total of 2,176 shares. Based on an average daily trading volume, of 5,424 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 5,424 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. increased its stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,700 shares of the company’s stock after acquiring an additional 1,250 shares during the period. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,043,000 as of its most recent SEC filing.

FTAI Aviation Stock Down 0.1%

NASDAQ FTAIN traded down $0.02 during mid-day trading on Thursday, reaching $25.53. 1,306 shares of the stock were exchanged, compared to its average volume of 4,514. The business’s fifty day simple moving average is $25.46 and its 200 day simple moving average is $25.50. FTAI Aviation has a 1-year low of $24.32 and a 1-year high of $25.95.

About FTAI Aviation

FTAI Aviation Ltd. is a publicly traded aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines worldwide. The company’s fleet consists of narrow-body and wide-body jets, primarily from the Airbus A320 family and Boeing 737 series, which it places under operating leases with carriers across Europe, Asia, the Middle East, Africa and Latin America. FTAI Aviation focuses on modern, mid-life aircraft to balance acquisition cost with residual value stability.

In addition to lease financing, FTAI Aviation provides comprehensive asset management and remarketing services.