FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 284.3% in January

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 757 shares, a growth of 284.3% from the January 15th total of 197 shares. Based on an average daily volume of 3,609 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 3,609 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. raised its stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,700 shares of the company’s stock after buying an additional 1,250 shares during the period. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,043,000 at the end of the most recent quarter.

FTAI Aviation Price Performance

NASDAQ FTAIN traded down $0.03 during trading hours on Wednesday, hitting $25.58. The company’s stock had a trading volume of 6,444 shares, compared to its average volume of 5,012. FTAI Aviation has a 52 week low of $24.32 and a 52 week high of $25.95. The company’s 50-day simple moving average is $25.45 and its two-hundred day simple moving average is $25.50.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is a publicly traded aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines worldwide. The company’s fleet consists of narrow-body and wide-body jets, primarily from the Airbus A320 family and Boeing 737 series, which it places under operating leases with carriers across Europe, Asia, the Middle East, Africa and Latin America. FTAI Aviation focuses on modern, mid-life aircraft to balance acquisition cost with residual value stability.

In addition to lease financing, FTAI Aviation provides comprehensive asset management and remarketing services.