Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Update

Air Industries Group (NYSEAMERICAN:AIRI) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 40,026 shares, a decrease of 15.4% from the January 29th total of 47,289 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 54,187 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 54,187 shares, the short-interest ratio is presently 0.7 days. Approximately 1.3% of the company’s shares are short sold.

Air Industries Group Stock Up 8.9%

Shares of NYSEAMERICAN AIRI traded up $0.29 during midday trading on Wednesday, hitting $3.54. The company’s stock had a trading volume of 280,835 shares, compared to its average volume of 130,432. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.22 and a quick ratio of 0.30. The firm has a market capitalization of $16.92 million, a price-to-earnings ratio of -6.32 and a beta of 0.03. The business’s fifty day simple moving average is $3.26 and its two-hundred day simple moving average is $3.16. Air Industries Group has a 1 year low of $2.55 and a 1 year high of $4.17.

Institutional Trading of Air Industries Group

Several hedge funds have recently modified their holdings of the stock. Ground Swell Capital LLC purchased a new position in Air Industries Group in the third quarter valued at $42,000. Citadel Advisors LLC acquired a new position in shares of Air Industries Group during the third quarter worth about $77,000. Finally, Virtu Financial LLC acquired a new position in shares of Air Industries Group during the fourth quarter worth about $83,000. 42.68% of the stock is currently owned by institutional investors and hedge funds.

Air Industries Group Company Profile

Air Industries Group, Inc (NYSE American: AIRI) is a precision engineering company headquartered in Ronkonkoma, New York. The firm specializes in the design, development and manufacture of air and gas handling solutions for high-performance applications. Its core offerings include turbomachinery components such as blowers, fans, compressors and turbines, as well as heat exchangers and related assemblies. Air Industries Group serves as an original equipment manufacturer (OEM) and a trusted supplier to a range of industries, with a particular focus on defense and aerospace.

The company’s product portfolio addresses the demanding requirements of military and commercial aerospace platforms, providing mission-critical airflow and thermal management systems.