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

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 1,782 shares, an increase of 323.3% from the January 29th total of 421 shares. Based on an average daily volume of 2,159 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 2,159 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. lifted its position in FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,630 shares of the company’s stock after buying an additional 6,430 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,248,000 as of its most recent SEC filing.

FTAI Aviation Trading Up 0.1%

Shares of FTAIM opened at $27.36 on Thursday. The business’s fifty day moving average price is $27.09 and its two-hundred day moving average price is $26.85. FTAI Aviation has a 52 week low of $24.60 and a 52 week high of $27.49.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 8.6%.

FTAI Aviation Company Profile

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.