AirNet Technology Inc. (NASDAQ:ANTE) Sees Significant Decrease in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 14,200 shares, a drop of 48.6% from the February 29th total of 27,600 shares. Based on an average daily volume of 60,100 shares, the short-interest ratio is presently 0.2 days.

AirNet Technology Price Performance

NASDAQ:ANTE opened at $1.55 on Friday. The stock has a 50 day simple moving average of $1.02 and a 200 day simple moving average of $0.89. AirNet Technology has a 1-year low of $0.56 and a 1-year high of $1.95.

AirNet Technology Company Profile

AirNet Technology Inc operates out-of-home advertising platforms in the People's Republic of China. It operates through two segments, Cryptocurrency Mining and Air Travel Media Network. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, and documentaries; and internet connections through a network of satellites and land-based beacons.