Airship AI (NASDAQ:AISP) Shares Down 6.3%

Airship AI Holdings, Inc. (NASDAQ:AISP) fell 6.3% during trading on Wednesday . The stock traded as low as $7.75 and last traded at $8.12. 293,268 shares were traded during trading, a decline of 95% from the average session volume of 6,169,138 shares. The stock had previously closed at $8.67.

Airship AI Stock Performance

The stock’s 50-day moving average is $4.00.

Hedge Funds Weigh In On Airship AI

A number of large investors have recently made changes to their positions in AISP. CastleKnight Management LP purchased a new position in Airship AI during the 4th quarter worth $369,000. Altshuler Shaham Ltd acquired a new stake in Airship AI in the fourth quarter worth about $58,000. Meteora Capital LLC purchased a new stake in shares of Airship AI during the fourth quarter worth about $17,655,000. Aristeia Capital LLC increased its holdings in shares of Airship AI by 233.3% during the fourth quarter. Aristeia Capital LLC now owns 500,001 shares of the company’s stock valued at $5,040,000 after acquiring an additional 350,001 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new position in shares of Airship AI in the 3rd quarter valued at approximately $9,262,000. 5.89% of the stock is owned by institutional investors and hedge funds.

Airship AI Company Profile

Airship AI Holdings, Inc provides AI-driven video, sensor, and data management surveillance platform in the United States. The company offers Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost foe high-definition recording with user defined low-bit rate video stream encoding.