Montana Technologies Co. (NASDAQ:AIRJW) Short Interest Up 114.1% in August

Montana Technologies Co. (NASDAQ:AIRJW) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,447 shares, a growth of 114.1% from the August 15th total of 9,550 shares. Based on an average daily volume of 10,815 shares, the days-to-cover ratio is presently 1.9 days.

Montana Technologies Price Performance

AIRJW stock traded up $0.05 during mid-day trading on Monday, hitting $1.05. The stock had a trading volume of 2,350 shares, compared to its average volume of 48,472. Montana Technologies has a 52 week low of $0.46 and a 52 week high of $1.87. The firm has a fifty day simple moving average of $1.21 and a 200 day simple moving average of $0.96.

About Montana Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.