AIR Global (NASDAQ:AIIR) Stock Short Interest Report for September

AIR Global (NASDAQ:AIIR) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 24,754 shares, a drop of 36.6% from the September 15th total of 39,074 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 51,794 shares, the short-interest ratio is presently 0.5 days.

AIR Global Stock Performance

Shares of NASDAQ AIIR traded down $0.05 during midday trading on Friday, hitting $7.45. The stock had a trading volume of 19,476 shares, compared to its average volume of 45,740. The company’s 50 day simple moving average is $7.40. AIR Global has a 1 year low of $5.29 and a 1 year high of $13.37. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.41 and a quick ratio of 1.12.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AIIR shares. Barclays reissued an “overweight” rating and set a $10.00 target price on shares of AIR Global in a research note on Wednesday, August 26th. Cantor Fitzgerald started coverage on shares of AIR Global in a research report on Monday. They set an “overweight” rating and a $11.03 price target for the company. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and an average price target of $10.52.

AIR Global Company Profile

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.