AirSculpt Technologies, Inc. (NASDAQ:AIRS) Short Interest Update

AirSculpt Technologies, Inc. (NASDAQ:AIRS) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 3,257,996 shares, a decline of 22.0% from the January 15th total of 4,175,059 shares. Based on an average daily volume of 2,057,910 shares, the short-interest ratio is currently 1.6 days. Currently, 22.3% of the shares of the company are short sold. Currently, 22.3% of the shares of the company are short sold. Based on an average daily volume of 2,057,910 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AIRS. BNP Paribas Financial Markets raised its position in shares of AirSculpt Technologies by 239.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,952 shares of the company’s stock valued at $48,000 after buying an additional 4,199 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of AirSculpt Technologies in the third quarter worth about $80,000. Vanguard Personalized Indexing Management LLC bought a new position in AirSculpt Technologies in the second quarter worth about $50,000. Brevan Howard Capital Management LP purchased a new position in AirSculpt Technologies during the 3rd quarter valued at about $83,000. Finally, Jane Street Group LLC bought a new position in shares of AirSculpt Technologies during the second quarter valued at $60,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Leerink Partners reiterated a “market perform” rating and set a $6.00 target price on shares of AirSculpt Technologies in a research report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AirSculpt Technologies in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $6.00.

AirSculpt Technologies Stock Down 2.6%

Shares of AIRS traded down $0.05 during trading hours on Friday, reaching $1.89. 428,463 shares of the stock traded hands, compared to its average volume of 1,433,485. AirSculpt Technologies has a 52 week low of $1.53 and a 52 week high of $12.00. The stock has a fifty day simple moving average of $2.40 and a 200 day simple moving average of $5.32. The company has a market cap of $118.01 million, a price-to-earnings ratio of -6.30 and a beta of 2.68. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc (NASDAQ: AIRS) is a medical technology company specializing in minimally invasive body contouring. The company’s flagship AirSculpt® platform combines pneumatic power with precision microcannulas to deliver fat removal, transfer and sculpting procedures. AirSculpt Technologies partners with both company-owned and franchised cosmetic surgery practices to offer a streamlined, office-based alternative to traditional liposuction.

Through its proprietary system, AirSculpt Technologies provides both consumers and medical professionals with an integrated solution that emphasizes reduced downtime, smaller incision sites, and more predictable outcomes.