Air T, Inc. (NASDAQ:AIRTP – Get Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,233 shares, a decline of 51.7% from the May 14th total of 2,552 shares. Based on an average daily volume of 755 shares, the days-to-cover ratio is currently 1.6 days.
Air T Stock Up 1.7%
NASDAQ AIRTP traded up $0.33 during trading on Monday, reaching $19.16. 2,861 shares of the company traded hands, compared to its average volume of 3,562. The stock’s 50 day moving average price is $19.24 and its two-hundred day moving average price is $19.61. Air T has a 1-year low of $15.81 and a 1-year high of $21.00.
About Air T
Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.
In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.
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