Airship AI (NASDAQ:AISP) Stock Price Down 10.8%

Shares of Airship AI Holdings, Inc. (NASDAQ:AISP) fell 10.8% during mid-day trading on Tuesday . The stock traded as low as $8.01 and last traded at $8.03. 338,943 shares changed hands during trading, a decline of 94% from the average session volume of 5,344,475 shares. The stock had previously closed at $9.00.

Airship AI Stock Performance

The company has a 50-day simple moving average of $5.86.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Robinson Capital Management LLC lifted its stake in shares of Airship AI by 70.5% during the 1st quarter. Robinson Capital Management LLC now owns 21,759 shares of the company’s stock worth $213,000 after buying an additional 9,000 shares during the last quarter. Citigroup Inc. acquired a new stake in shares of Airship AI during the 1st quarter worth about $977,000. Aristeia Capital LLC acquired a new stake in shares of Airship AI during the 1st quarter worth about $1,466,000. Radcliffe Capital Management L.P. increased its position in Airship AI by 12.7% during the first quarter. Radcliffe Capital Management L.P. now owns 169,026 shares of the company’s stock worth $1,651,000 after acquiring an additional 19,026 shares during the period. Finally, CastleKnight Management LP bought a new position in Airship AI in the 4th quarter valued at about $369,000. Institutional investors and hedge funds own 5.89% of the company’s stock.

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.