AI Transportation Acquisition Corp (NASDAQ:AITRR) Short Interest Down 10.0% in March

AI Transportation Acquisition Corp (NASDAQ:AITRR) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,800 shares, a decrease of 10.0% from the March 15th total of 2,000 shares. Based on an average trading volume of 21,400 shares, the days-to-cover ratio is presently 0.1 days.

AI Transportation Acquisition Stock Performance

Shares of AITRR stock traded up $0.01 during trading on Tuesday, reaching $0.16. The company’s stock had a trading volume of 2,054 shares, compared to its average volume of 48,270. The company has a 50-day simple moving average of $0.16. AI Transportation Acquisition has a 1-year low of $0.13 and a 1-year high of $0.48.

About AI Transportation Acquisition

AI Transportation Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.