AIR Global (NASDAQ:AIIR) Stock Short Interest Report for September

AIR Global (NASDAQ:AIIR) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 24,754 shares, a drop of 36.6% from the September 15th total of 39,074 shares. Based on an average trading volume of 51,794 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AIIR shares. Barclays reiterated an “overweight” rating and set a $10.00 target price on shares of AIR Global in a research report on Wednesday, August 26th. Cantor Fitzgerald initiated coverage on shares of AIR Global in a research report on Monday, October 12th. They issued an “overweight” rating and a $11.03 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus price target of $10.52.

AIR Global Stock Performance

AIR Global stock opened at $7.45 on Friday. AIR Global has a fifty-two week low of $5.29 and a fifty-two week high of $13.37. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.12 and a current ratio of 1.41. The firm’s fifty day moving average is $7.40.

About AIR Global

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.