FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 2,736 shares, a growth of 197.1% from the February 12th total of 921 shares. Based on an average trading volume of 3,945 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 3,945 shares, the short-interest ratio is currently 0.7 days.

FTAI Aviation Trading Down 0.2%

Shares of NASDAQ FTAIN opened at $25.20 on Wednesday. The firm’s fifty day moving average is $25.53 and its two-hundred day moving average is $25.53. FTAI Aviation has a 52-week low of $24.32 and a 52-week high of $25.89.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, March 9th.

Institutional Trading of FTAI Aviation

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. lifted its position in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,200 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,046,000 as of its most recent SEC filing.

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.