Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Up 20.1% in January

Airship AI Holdings, Inc. (NASDAQ:AISP) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 4,984,917 shares, a growth of 20.1% from the January 15th total of 4,151,049 shares. Based on an average daily volume of 1,403,505 shares, the short-interest ratio is currently 3.6 days. Approximately 29.4% of the shares of the company are sold short. Approximately 29.4% of the shares of the company are sold short. Based on an average daily volume of 1,403,505 shares, the short-interest ratio is currently 3.6 days.

Insider Transactions at Airship AI

In other news, President Paul M. Allen bought 100,000 shares of the firm’s stock in a transaction on Monday, December 29th. The shares were bought at an average price of $2.74 per share, for a total transaction of $274,000.00. Following the purchase, the president owned 151,948 shares in the company, valued at approximately $416,337.52. The trade was a 192.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Victor Huang purchased 51,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was purchased at an average price of $3.18 per share, with a total value of $162,180.00. Following the completion of the transaction, the chief executive officer owned 194,849 shares of the company’s stock, valued at approximately $619,619.82. This trade represents a 35.45% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 46.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its position in Airship AI by 1,177.9% in the fourth quarter. AQR Capital Management LLC now owns 243,261 shares of the company’s stock worth $703,000 after purchasing an additional 224,225 shares during the last quarter. Kovack Advisors Inc. bought a new position in shares of Airship AI in the 4th quarter valued at about $31,000. State of Wisconsin Investment Board grew its position in Airship AI by 21.4% in the fourth quarter. State of Wisconsin Investment Board now owns 122,723 shares of the company’s stock worth $355,000 after acquiring an additional 21,623 shares in the last quarter. Royal Bank of Canada increased its stake in Airship AI by 2,776.9% during the fourth quarter. Royal Bank of Canada now owns 18,441 shares of the company’s stock worth $54,000 after acquiring an additional 17,800 shares during the last quarter. Finally, Mariner LLC raised its position in Airship AI by 32.5% during the fourth quarter. Mariner LLC now owns 16,854 shares of the company’s stock valued at $49,000 after purchasing an additional 4,134 shares during the period. 5.89% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AISP. Weiss Ratings restated a “sell (d-)” rating on shares of Airship AI in a research note on Wednesday, January 21st. Wall Street Zen raised Airship AI from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Roth Mkm set a $8.00 price objective on Airship AI in a research report on Monday, December 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell” and an average target price of $8.00.

Airship AI Stock Performance

NASDAQ:AISP opened at $2.43 on Wednesday. The company has a market capitalization of $77.54 million, a P/E ratio of -1.20 and a beta of 0.34. Airship AI has a 12 month low of $2.38 and a 12 month high of $7.20. The business’s 50-day moving average is $3.08 and its 200 day moving average is $4.11.

About Airship AI

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.