Air Industries Group Inc (AIRI) Short Interest Update
Air Industries Group Inc (NYSEAMERICAN:AIRI) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 79,385 shares, a drop of 36.0% from the February 15th total of 123,999 shares. Based on an average daily trading volume, of 36,199 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.2% of the company’s stock are sold short.
Separately, Zacks Investment Research raised Air Industries Group from a “sell” rating to a “hold” rating in a research report on Tuesday, February 27th.
Air Industries Group (AIRI) opened at $1.44 on Friday. The stock has a market capitalization of $33.07, a PE ratio of -0.70 and a beta of 0.24. Air Industries Group has a 52-week low of $1.15 and a 52-week high of $4.25.
Air Industries Group Company Profile
Air Industries Group is an aerospace and defense company. The Company manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. The Company operates in three segments: Complex Machining, Aerostructures and Electronics and Turbine Engine Components.
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