FTAI Aviation Ltd. (NASDAQ:FTAIM) Short Interest Down 93.7% in January

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 181 shares, a decline of 93.7% from the December 31st total of 2,870 shares. Based on an average trading volume of 5,871 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 5,871 shares, the short-interest ratio is presently 0.0 days.

FTAI Aviation Trading Up 0.2%

Shares of FTAI Aviation stock traded up $0.06 during trading on Thursday, hitting $27.05. 1,573 shares of the company’s stock were exchanged, compared to its average volume of 5,288. The business has a 50-day simple moving average of $26.97 and a 200-day simple moving average of $26.79. FTAI Aviation has a 52-week low of $24.60 and a 52-week high of $27.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. raised its stake in FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 158,630 shares of the company’s stock after acquiring an additional 6,430 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,248,000 at the end of the most recent reporting period.

FTAI Aviation Company Profile

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.